Sergii Bulgakov - Transforming Your Business with Crypto-as-a-Service - TOKEN2049 Dubai 2025

I'm um Sergey from Whitebeat and I'm here to get you excited about the crypto as a service. Uh I came from Europe, right? And the Europe as you might know is old money. So you go to a bank and they say, well, it's not the time. There is no regulation in place.

Oh, we're still kind of stuck in the web two world. And then you have to do a lot of educational stuff you know in order for them to buy in and uh educate them about the web three and all the reality they have to wake up to right and we have a very simple message for him right for them. So we say there is going to be about billion people uh by 2028 which going to be introduced to crypto and they're going to transact in crypto. They need place to store crypto there needs to exchange value and uh they got to be an infrastructure to for this right. So 75 based on the recent study 75% of crypto owners would love to have this service from their bank which is a primarily uh financial institution and the point of interact interacted with the financial world and managing their money right and uh of course the over 50% of of all the activity will come from the emerging markets so uh our message to banks emis which is electronic money institutions and all sorts of fintech is very simple.

Don't miss out on this uh opportunity, you know, because this is your way. This is the way to attract uh uh younger audience which is digital native, which is cryptonative into your franchise, into into your platform, into your infrastructure, right? And of course, you have to partner up with someone who can uh basically who has already created all of this for you. Uh so the benefits of adopting crypto as a service model is is very simple. You you basically uh reduce time to market right so instead of building this thing in house you can you can do someone like ybe because we already built this for you.

Uh of course you save big on the inte integration cost. The only way you have to do is to integrate our API. Uh, of course you would need someone who you would outsource liquidity from, right? And there is no better place to go to than a centralized exchange like Whitebe. Uh, of course you want to have it to do and offer this service in a very secure and uh regulated environment and and we've already done this work, right?

We already talk uh obtain licenses from multiple regulators around the world in order to make it happen for you. Uh so if you look at the typical um uh fintech crypto story right so uh what this service allows customers to do is to basically open uh accounts and hold crypto balances trans transact in crypto uh convert crypto to uh fiat back and forth uh offering them on and off ramping right and and charge you a very handsome 1.5% for these services right so uh the way it works is very simple. Uh it uh uh just from one of the recent report financial reporting done by one of the fintexs their crypto um as a service exploded you know a few hundred% since launch and that's a testament to the interest that the uh wider the population have has to crypto. So a few words about uh Whitebeit.

Whitebe is a centralized exchange. We have 2.7 trillion volume last year. Uh we have 35 million uh white bit group users. Uh we have over over a,000 institutional customers.

Uh we now offering over 800 trading pairs and uh over 300 assets on the platform. So essentially there is a team of uh 1,200 people across seven offices which are working day and night to uh build new products and ship them out to banks, fintex and mis around the world. uh we we are not only a centralized exchange, we also build an ecosystem uh around it which is supporting uh uh a visa card which supports uh various on and off ramps and which allows also to um accept crypto payments if you uh basically a marketplace which one to sell to sell things for crypto. Uh as I've said, we've done a lot of leg work and uh we hold over 20 licenses around the world and all these licenses uh uh are basically uh being built uh for our corporate clients so we can uh develop our B2B business but also help other banks uh on board the new B2C clients as well. Uh we do work with all the um um uh uh providers which uh basically help us on the compliance side to to do it in a transparent and very uh compliant manner.

uh our service is allocated in Europe right we have a powerful trading core uh which is processing over 1.5 million transa transactions per second and uh our API is so easy to integrate it takes about a week to get you up and running uh so all all in all this is a turnkey solution right if you think about it because we do the customer service we provide the AML checks we provide liquidity which is uh uh the most kind of precious asset in this in this in this market and we also offer a very robust on and off ram offering nine fiat currencies and this number of currencies is going to just going to grow. uh so that that's why uh we say it's a very simple concept where you basically come to us we do a KYB uh process we offer our API that you can in integrate in no time and uh it comes also with a crypto on and off ramping so a very streamlined and a very simple process to get you started uh the service behind it is basically about the wallet address generation right so We generate wallet addresses for your customers on demand. They can create create as many wallets uh as they want and uh it works multi network, right? So that that's that's the beauty of it.

Uh so what what becomes immediately available for a customer who would open an account uh with your app? Uh they would uh would be allowed to uh store balances. They would allow to exchange money fiat back and forth uh and they would be allowed uh to move money from uh one user to another. Uh so one of the uh features that I've said as deposits and withdrawals uh everything is uh subject to real um time checks. So that kind of covers you on on the compliance side and gives you a peace of mind.

uh and uh we are kind of working tirelessly in order to add more on and and off ramps uh in Europe and beyond right thanks to our partnership with Visa, Mastercard, Clear Junction, Checkout uh uh and we constantly also adding uh new currencies um uh to um for the new markets that we are we are launching it. Uh the cherry on the cake is our offer is is thanks to our global partnership with Visa is um a white label cryptocard right so on top of everything obviously if you're a fintech you have a card but you also add crypto capabilities to it right and uh we can help you issue this crypto cards so your customers can pay with using their crypto balance straight straight away u if um well We we know that many fintexs are experimenting with various various formats and um uh launching marketplaces, launching uh new products and features adjacent to their kind of uh current uh core offering, right? And this is where we also come to the rescue. So if your app wants to accept payments in crypto, we do crypto acquiring as well, right? So we let your customers to pay for the goods and services you sell in crypto accepting your crypto crypto balances.

uh and it's available in 120 countries worldwide through through any wallets. Uh we u uh accept about 140 cryptocurrencies. So your customers can choose from the wide array of assets. Uh and this solution works both for point of sale, traditional point of sale and also kind of online checkout. Um yep.

So, uh, kind of I I realize as I'm standing between you and lunch, so I'm I'm not just going to be short and sweet. Uh, overall um, uh, we have a great value proposition, right, in order to get you started and, uh, provide crypto as a service to your customers. So, don't hesitate to reach out. We have uh, a dedicated team including onboarding, customer support, and account management. Right.

And uh in my experience uh a regular bank which is not familiar with the web three can can launch this new value proposition and start offering crypto to their customers in three months. So this is this is the shortest in my memory. Thank you so much. I appreciate the time.