“Working together, Republic Protocol and Wyre will serve as a powerful new nexus between digital asset markets and the traditional financial infrastructure.” — Taiyang Zhang, CEO of Republic Protocol

We’re thrilled to announce the partnership of Republic Protocol with Wyre to help bridge the traditional financial infrastructure with the rapidly growing digital asset markets.

In supporting Republic Protocol’s effort to create one of the world’s first sources of decentralized liquidity operating in compliance under existing financial regulations, Wyre will provide:

Deeper liquidity

Know-your-customer (KYC)

Anti-money laundering (AML) services

We can’t overstate how excited we are to be able to leverage our unique combination of payments infrastructure and legal compliance services to help bring Republic Protocol’s offering to life. As Republic Protocol CEO Taiyang Zhang noted, this represents the shared focus of the two teams “on facilitating the entry of traditional institutional investors and funds to provide the increased liquidity digital asset markets need to grow and flourish.”

Dark pools which let large volume trading occur without creating waves in the market have existed before, but Republic Protocol is the first decentralized one. Its first dark pool, RenEx, will support the placement and execution of large volume orders on a hidden order book that cannot be observed by any parties, including Republic Protocol itself.