Hyphe

Hyphe gives regulated financial institutions direct API access to cryptocurrency liquidity, with settlement in euros. Its legal entity is Hyphe Markets GmbH.

Offer

The company publishes an inventory of 91 crypto-to-euro pairs, including BTC, ETH, AAVE, ADA, LINK and BNB, and executes through an API. Clients are limited to regulated financial institutions, so the service is not designed for individuals or unregulated firms. Risk and asset-liquidity limits are applied individually to each client.

Authorisation

Hyphe states that it holds a German WpIG authorisation for proprietary trading and a MiCAR authorisation for exchanging crypto-assets for funds. As these are claims from the company, a counterparty doing due diligence should obtain the authorisation documents and check them with the German regulator.

Who it suits

Hyphe fits banks, brokers, payment institutions and similar firms that need to add crypto trading to their products and prefer a single API connection with euro settlement, rather than assembling several liquidity relationships. Pricing, minimum sizes and onboarding steps are not stated in the description and should be agreed in discussion with the company.