CRNCY

The Multi Currency
FX Settlement Coins

Enabling same day “t0” settlement of FX trades
with our G12 interest-bearing settlement coins

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About CRNCY.com

Get any G12 currency in Tokens.
Keep your Fiat Interest

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Regulated in Bermuda (BMA)

Regulated in Bermuda
(BMA)

Unique ISAC & ISA bankruptcy remote corporate structure

Multi-Currency Interest-  Bearing Tokens

Multi-Currency Interest-
Bearing Tokens

Tokens apreciate following daily money market rates

Real Time Reserves Attestation

Real Time Reserves
Attestation

Real-time independant attestation of Reserves from a top 5 Auditor

XRPL Blockchain  (independant from Ripple)

XRPL Blockchain
(independant from Ripple)

5sec. transfer finality, lowest cost and full transparency

Tier 1 Custodian Bank

Tier 1 Custodian Bank

Reserves 100% in Fiat, not even goverment securities

Tradeable Interbank FX Liquidity

Tradeable Interbank
FX Liquidity

CRNCY.com members have access to interbank quality FX-t0 pricing

Why Use CRNCY.com

Same-day delivery

Same-day delivery

CRNCY offers exclusive access to live tradable Interbank FX-t0 pricing to its registered and KYC'd users.

Trades can be made via Web UI or API, and settled same day in Tokens.

Interest Rates

Interest Rates

Nominal value of each Settlement Coin will be adjusted daily at 5pm NY to reflect the accrual of the daily money market interests.

Inter-Market Arbitrage

Inter-Market Arbitrage

Active traders can capture price discrepancies between any markets in different countries. With CRNCY FX-t0, a triangular Arbitrage can be settled same-day in Tokens between any of the G12 currencies.

Digital Settlement Coins make FX-t0 a reality that Fiat rails could never achieve.

Simplified Custody

Simplified Custody

CRNCY enables Fund Managers or Family Offices of any size to custody their funds with the highest-tier Custodian Bank without the need for complex and expensive direct onboarding.

You receive daily Interbank interests on your funds without the need to stake your tokens or move your Fiat to a money market fund.

Collateral Instrument

Collateral Instrument

CRNCY Tokens are as efficient as Fiat and a superior mobile form of collateral that can be pledged or moved intra-day multiple times. These Settlement Coins can be used for all sorts of trading activities on any asset class.

The market standard 5pm New York accrual of interest make these Tokens a better and simpler alternative to money markets ETF's or digitised short term government securities.

You keep Interbank daily interests of your funds without the need to stake or move your tokens to a money market fund.

Structure

Members
Clearing House
CRNCY.com
Tier 1 Custodian

Our Team

A dynamic group of clearing, technology &
sell-side industry veterans

Franck Mikulecz

Franck Mikulecz

Franck is a serial innovator and entrepreneur who moved from a Futures background in France and Italy and embraced the global FX markets.

Nigel Wharton

Nigel Wharton

Former Managing Director of Credit Suisse derivatives clearing. 25 years operating experience at major investment banks & clearing houses.

Mark Brook

Mark Brook

Senior multi-asset class broker. currency trader and consultant within the financial markets.

Joseph Shannon

Joseph Shannon

Experienced criminal barrister with expertise in European Financial Regulation, anti money laundering & counterterrorist financing.

Steven Williams

Steven Williams

Experienced in Fintech and crypto industry. 20 years senior management experience in financial services sector.

ISAC & ISAs

ISAC & ISAs

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FAQ

Yes, your funds are safe with CRNCY.com. Your funds are held in custody by only the most trusted tier 1 custodian banks with a small portion held at rails banks for liquidity purposes.

All issued tokens are backed by FIAT held within a bankruptcy remote structure at a tier 1 bank(s) and are audited in real time. Members can redeem the tokens at the daily published price which provides the primary value underpin.

Interest is not paid, but added to the redemption value at the end of every business day (17:00 EST).

Our custodian bank sweeps the interest earned on the overnight money market daily to our account. CRNCY.com then adjusts the token redemption value - the value at which we issue and redeem tokens - to capitalise the interest earned (net of a small haircut to cover operating costs).

CRNCY.com is different from other stablecoin issuers as all of our tokens accrue interest, we also offer interbank FX capabilities with same day settlement in coins.

In the event of CRNCY.com's closure, your assets would be returned, following a formal and secure process. The assets are held in a bankruptcy remote structure which means that the assets are not impacted by the CRNCY.com going out of business.

Yes, CRNCY.com is licensed to issue and redeem digital asset settlement coins.. We're committed to maintaining full compliance with all applicable regulations to ensure the highest level of trust and security. Both CRNCY and the related bankruptcy remote vehicle(s) that hold the fiat assets are regulated by the Bermuda Monetary Authority as digital asset businesses.

CRNCY.com plans to support the G12 currencies with future plans to support all of the G20 currencies.

As a regulated platform, CRNCY.com is required to collect personal information to comply with KYC (Know Your Customer) and AML (Anti-Money Laundering) and Anti-terror Financing regulations. This also helps us protect our users and maintain a secure platform.