Skyline Digital Empowers Web3 Businesses, Founders, and DAOs
The Swiss-based platform Skyline Digital is revolutionizing the way underbanked Web3 businesses, founders, and DAOs access financial services. Traditional banks often underserve these entities, while custodial and centralized crypto exchanges can be unreliable. Skyline Digital aims to solve these issues with its non-custodial platform, providing direct access to traditional finance (TradFi) services from any wallet.
Addressing the Needs of Web3 Organizations
Skyline Digital’s suite of services caters to the specific needs of Web3 organizations. It enables businesses to handle expenses, contractor payments, and service provider transactions seamlessly. Customers have utilized the platform for various transactions such as real estate investments, legal fees, purchasing vehicles like Tesla, and hiring contractors globally.
Integration with Web3 Liquidity Providers and Traditional Finance Institutions
The platform integrates with Web3 liquidity providers and traditional finance institutions, allowing it to act as a payment facilitator. Users can process transactions directly from their wallets like Metamask, Safe, or Ledger without relying on traditional banking intermediaries. Skyline Digital recently extended its integration to Polygon Mainnet, offering users a choice between Ethereum and Polygon networks.
“Bridging on-chain assets to the real world posed significant challenges for Web3 professionals. We can process transactions directly from our clients’ Web3 wallets without requiring custody of their assets or charging substantial fees,” says Sebastião Queiroz e Mello, co-founder and CEO of Skyline Digital.
Accessibility to Traditional Investor Market
Skyline Digital also provides accessibility to the traditional investor market. Traditional investors can subscribe to Web3 fundraises through bank transfers without needing a wallet or technical expertise. This feature simplifies the investment process and expands the potential investor base for Web3 businesses.
Simplifying Accounting Reconciliation and Cost-Effective Payments
In addition to its core services, Skyline Digital simplifies accounting reconciliation by providing detailed descriptions and tracking of on-chain and fiat payments. The platform also offers customers free crypto-to-crypto batch payments, distinguishing itself from competitors that charge substantial fees for batch payments. Skyline Digital charges only 1% and $10 per fiat payment without any onboarding or monthly fees.
Future Plans and Partnerships
Skyline Digital went live in early 2023 and plans to roll out new features, including invoicing functionality, cards, and loans, this year. The platform is also working with partners to integrate its services into main Web3 infrastructure tools and platforms. Skyline Digital already serves some of the industry’s most well-known DAOs and businesses.
About Skyline Digital
Skyline Digital is a non-custodial solution that opens the doors of traditional finance (TradFi) for Web3 businesses, founders, and DAOs. It operates as a regulated financial intermediary and VASP from Switzerland.
Contact
Cíntia Costa
Skyline Digital AG
[email protected]