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SiGMA

Orbital revolutionises treasury management for iGaming operators

Posted:: Mar 30, 2022 09:59 Category: Casino , Online , Payments , Posted by Maria

By leveraging cryptocurrencies and stable coins, Orbital takes treasury solutions into a new era

Orbital has announced the launch of its new platform – an industry-first product that bridges the gap between traditional finance and digital asset treasury solutions, facilitating a regulated, secure, and frictionless experience for the global iGaming sector.

By leveraging cryptocurrencies and stable coins, Orbital takes treasury solutions into a new era – by dramatically increasing the speed of cross-border payments and transactions, whilst at the same time substantially reducing costs, fees, and hold-ups of the traditional system.

The unique platform is a single point of access to a range of tools needed to run a modern treasury operation and the nexus that connects the corporate world with the new digital economy. These tools include:

  • Multi-currency accounts (USD, EUR & GBP)
  • Foreign exchange
  • Global payments
  • Digital asset custody vaults (BTC, ETH, USDC, USDT plus more)
  • OTC trading
  • C2B crypto-commerce payment processing

Treasury management and adoption of cryptocurrencies have come with difficulties for iGaming operators, held back by the poor innovation, lack of sector understanding, and outdated risk systems of incumbent banks, leaving operators underserved. Orbital solves this by being the first to give parity to traditional financial services and digital assets, and the first to be developed by a trusted and regulated service provider with equal expertise in the world of transactional banking and digital assets.

Built by a team of iGaming and forex/CFD specialists with hundreds of combined years of experience in financial services and payments technology. Orbital understands the industry and provides the quality of service, and strength of security demanded by operators and their players.

Commenting on the launch, Orbital CEO Chris Mason said: “In tandem with traditional financial services, digital assets represent the future of commerce. Orbital opens this world up to online gaming operators and multi-national organisations, by integrating them seamlessly with their existing treasury operations.”

“Until now, global iGaming operators had been forced to choose their crypto tools piecemeal from a range of providers in a range of territories – and to suffer the long onboarding and inefficient integrations that came with them.”

“Orbital is the solution: a fully-integrated treasury management platform that enables businesses to harness the power of cryptocurrency alongside the very best of traditional financial services.”

ABOUT ORBITAL

Orbital is a hybrid fintech and crypto firm, employing over 150 people across ten countries. Powered by its principles of client-first design and exceptional service, alongside its passionate belief in cryptocurrency as an enabler of global business, Orbital is growing at a rate of more than 100% YoY. Headquartered in London, the business is licensed by the Financial Conduct Authority as an authorised payment institution in the UK, and as a virtual currency service provider in Estonia.

Join us for SiGMA Americas – Toronto:

Toronto is the perfect hub for SiGMA’s growth in North America, making it a nexus of networking and business development in the region with regards to land-based, iGaming, sports betting, and more. Playing host to a massive iGaming industry, Toronto will be the home for the SiGMA Group’s initiative to link the industry pioneers of the continent together for 3 days of networking, workshops, and awards. To learn more about sponsorship and speaking opportunities or to inquire about attending the event, please contact Sophie on [email protected].

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