Wyden, the leader in institutional infrastructure for the digital asset trading lifecycle, announces the closing of its USD 16.9 million (CHF 14.5 million) Series B funding round, spearheaded by Truffle Capital, a Paris-based global fintech investment firm. The capital will be used to expand beyond Europe. Furthermore, by enhancing the firm’s core teams, Wyden is poised to accelerate both product development and global sales capabilities, setting the stage for the next phase of growth.
Wyden has been increasing the number of regulated sell-side clients who rely on its solution for critical front, middle and back-office digital asset functions. The platform covers the entire trade lifecycle and supports seamless custody, core banking and portfolio management system integration as well as full trade lifecycle automation. Current clients include renowned banks, online and neo-brokers such as Banque Delubac (France), Smartbroker+ and Baader Bank (Germany), Luzerner Kantonalbank and InCore Bank (Switzerland) and other large banking clients. In addition, active discussions are currently underway with potential Tier 1 and Tier 2 banks and brokers who are applying for their CASP licenses in countries such as France, Italy, Spain, Germany and Turkey.
The series B funding round will support Wyden’s strategic growth, expansion into new markets and further intensifying its sales activities. With a clear focus on regulatory compliance, Wyden plans to extend its reach into markets where digital asset operations are regulated with the same rigor as traditional financial services, such as the EU, Switzerland, Turkey, the UAE, Singapore, Hong Kong, Brazil and other leading jurisdictions.
During 2025, the company aims to integrate up to 20 additional banks, brokers and exchanges into its ecosystem, supported by an expanded team of 100 professionals. This expansion underscores Wyden’s ambition to deliver best-in-class trade lifecycle infrastructure solutions from Europe to a global market.
The round was led by Paris-based Truffle Capital alongside new investors such as PostFinance, SBI-Sygnum-Azimut Digital Asset Opportunity Fund, and FiveT Fintech, as well as existing investor C3 Venture Capital.
This funding follows the launch of Wyden Infinity, Wyden’s new cloud-native flagship product supporting full automation of the digital asset trade lifecycle, and will be used to expand sales functions and further drive product investment.
(Press release/RAN)
The new Swiss Venture Capital Report was published on 26 January. It analyses 304 financing rounds closed in 2020 and includes further article such as an interview with Michael Hengartner, President of the ETH Board, and a list of Swiss "soonicorns". 
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