Web3 Allows Easy Access to TradFi with Skyline Digital

Web3 Allows Easy Access to TradFi with Skyline Digital


Skyline Digital: Empowering Web3 Businesses and DAOs with Financial Services

The Swiss-based platform Skyline Digital is revolutionizing the way underbanked Web3 Businesses, Founders, and DAOs access financial services. Traditional banks often fail to serve the needs of these entities, while centralized crypto exchanges come with their own risks. Skyline Digital aims to solve these issues by providing a non-custodial platform that allows direct access to traditional finance services from any wallet.

Unlocking the Potential of Web3 Organizations

Skyline Digital, based in Switzerland, operates as a regulated financial intermediary and VASP. Its suite of services includes third-party payments, OTC trades, vIBANs, on/off-ramping, and tokenized real-world assets. This enables Web3 organizations to handle business expenses, contractor payments, and service provider transactions easily and securely.

Seamless Integration with Web3 Liquidity Providers

Skyline Digital’s integration with Web3 liquidity providers and traditional finance institutions allows it to act as a payment facilitator. Users can process transactions directly from their wallets, bypassing the complexities of traditional banking intermediaries. The platform supports major stablecoins and fiat currencies like EUR, USD, CHF, GBP, and SGD. Recently, it extended its integration to Polygon Mainnet.

Enhancing Accessibility for Traditional Investors

A unique feature of Skyline Digital is its accessibility to traditional investors. They can participate in Web3 fundraises through bank transfers without needing a wallet or technical expertise. This opens up new opportunities for collaboration between traditional finance and the crypto world.

Streamlined Accounting Reconciliation and Cost-effective Payments

Skyline Digital simplifies accounting reconciliation for Web3 businesses by providing detailed descriptions and tracking of on-chain and fiat payments. The platform also offers free crypto-to-crypto batch payments, setting it apart from competitors who charge high fees for such services. Skyline Digital charges a flat fee of 1% and $10 per fiat payment, without any onboarding or monthly fees.

Looking Ahead: New Features and Partnerships

Since its launch in early 2023, Skyline Digital has gained popularity among prominent DAOs and businesses in the industry. The platform plans to introduce new features, including invoicing functionality, cards, and loans. It also aims to collaborate with partners to make its services accessible through main Web3 infrastructure tools and platforms.

Hot Take: Empowering Web3 Businesses with Seamless Financial Services

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Skyline Digital is revolutionizing the financial landscape for Web3 Businesses, Founders, and DAOs. By providing a non-custodial platform that integrates with traditional finance services, Skyline Digital empowers these entities to access the financial tools they need without relying on traditional banks or centralized exchanges. With its focus on accessibility, transparency, and cost-effectiveness, Skyline Digital is bridging the gap between traditional finance and the crypto world. As the platform continues to evolve and introduce new features, it is poised to play a significant role in shaping the future of Web3 finance.

Author – Contributor at | Website

Owen Patter is a distinguished crypto analyst, accomplished researcher, and skilled editor, leaving a notable imprint on the cryptocurrency landscape. As a proficient crypto analyst and researcher, Owen delves into the intricate realms of digital assets, offering insights that resonate with a diverse audience. His analytical acuity is harmoniously paired with adept editorial skills, allowing him to transform complex crypto information into easily comprehensible content.