Crypto Finance, a subsidiary of Deutsche Börse Group, has launched “AnchorNote,” an off-exchange settlement solution designed to improve capital efficiency and trading flexibility for institutional investors. The new service allows clients to trade across multiple platforms without moving assets out of secure custody, addressing one of the biggest pain points for institutional crypto trading.
AnchorNote Bridges Custody and Capital Efficiency
The AnchorNote product enables institutions to settle trades off-exchange while keeping assets safely within custody. According to the announcement, the system helps traders pledge collateral, move it quickly across venues, and even earn yields within a compliant and risk-controlled framework.
“With Crypto Finance AnchorNote, we are closing a critical gap between custody and capital efficiency,” said Philipp Dettwiler, head of custody and settlement at Crypto Finance. Initially, the launch will focus on Switzerland, but the company plans a broader European rollout soon.

How AnchorNote Works
The service integrates BridgePort as a middleware solution to coordinate messaging between custodians and trading venues. This setup allows institutional clients to settle trades securely, flexibly, and in real time without sacrificing custody protections.
Institutions can access AnchorNote through a user-friendly interface or direct API integration, simplifying collateral transfers across multiple platforms. According to BridgePort CEO Nirup Ramalingam, “This infrastructure lays the groundwork for scalable asset mobility needed by institutional traders.”
Why Off-Exchange Settlement Matters
For institutional investors, keeping assets on exchanges introduces counterparty and custodial risks. By allowing trades to be executed without moving assets out of custody, AnchorNote reduces these risks while improving capital efficiency. This mirrors a growing industry shift, with demand for secure off-exchange settlement solutions rising across global markets.
In fact, Coinbase International Exchange integrated Copper’s ClearLoop system in July, offering similar off-exchange settlement capabilities for institutions. The trend highlights a broader push toward real-time, risk-controlled infrastructure for digital asset trading.
Regulatory Strength Behind Crypto Finance
Crypto Finance already holds strong regulatory standing. Its German subsidiary received four licenses from BaFin in 2023, while its Swiss operations are overseen by FINMA. These licenses add credibility for institutions that demand compliance, transparency, and regulated custody.
Deutsche Börse, which acquired a majority stake in Crypto Finance in 2021, has steadily expanded its digital asset offerings. The company already provides products on the SIX Swiss Exchange, including the first Swiss-regulated crypto asset investment fund.
Institutional Demand Driving Innovation
The launch of AnchorNote reflects the increasing sophistication of institutional crypto infrastructure. As hedge funds, asset managers, and banks deepen their involvement in digital assets, they require solutions that balance security, liquidity, and efficiency.
By eliminating the need to move assets on and off exchanges, AnchorNote offers a scalable model for collateral mobility, giving institutions the flexibility to maximize trading opportunities while minimizing operational risks.
The debut of AnchorNote by Crypto Finance marks an important step in building the next generation of institutional-grade crypto infrastructure. With off-exchange settlement now a growing industry standard, Deutsche Börse’s subsidiary is positioning itself as a key player in enabling secure, compliant, and capital-efficient digital asset markets.
As Europe and global markets prepare for broader adoption, such solutions will be central to bridging traditional finance with the digital asset economy.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

