PRESS RELEASE: Arcane Crypto’s crypto exchange Trijo launches collaboration with Trustly
Stockholm, July 30, 2021 – Arcane Crypto announces a collaboration between its fully owned subsidiary Ijort Invest AB (Trijo) and the payment service provider Trustly. The option to deposit money through Trustly will be implemented on Trijo’s platform in the next few days. This makes Trijo the first cryptocurrency exchange to offer its clients Trustly as a payment option in Europe./strong>
Trijo currently rely on bank transfers (SEPA) and credit card transactions for deposit of funds. By adding Trustly, the payment experience on the platform will become even better. The management team at Trijo predict that a large share of the clients’ future deposit volumes will be made via Trustly, due to advantages such as ease of use and speed.
“Trustly is one of Europe’s leading payment service providers. The collaboration with us as an established crypto exchange marks an important recognition for both cryptocurrencies and the sector. Until now, traditional payment providers have stayed away from the crypto sector, but this is clearly about to change, and we are happy to be on the front of that development,” says Totte Löfström, CEO of Trijo.
“Furthermore, we are impressed by Trustly’s processes to ensure transparency and security. They have taken the time to learn how cryptocurrencies work and how a payment service company can act to ensure KYC (know your customer) processes are followed and to prevent money laundering. This is an important trust factor for us”.
Trijo is currently the only Swedish-based real-time cryptocurrency exchange and is registered with the Swedish Financial Supervisory Authority. Trijo provides a simple and secure onboarding process to buy and sell cryptocurrency by, amongst other factors, leveraging BankID for identification and log in. Trijo is currently offering trading pairs in BTC, ETH and LTC vs. EUR. Going forward Trijo has, amongst other plans, a strategy to develop and offer lending and savings products related to crypto currencies. Trijo’s operations also include the news service Trijo News, which is run editorially independent of other operations.
For further information, please contact:
Totte Löfström, CEO, Ijort Invest AB (Trijo)
Torbjørn Bull Jenssen, CEO, Arcane Crypto AB
About Arcane Crypto
Arcane Crypto develops and invests in projects, focusing on bitcoin and digital assets. Arcane operates a portfolio of businesses, spanning the value chain for digital finance. As a group we deliver services targeting payments, investment, and trading. In addition, we have a media and research division.
Arcane has the ambition to become a leading player in the digital assets space by growing the existing businesses, invest in cutting edge projects, and through acquisitions and consolidation.
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