ARYZE, a Danish fintech company creating digital payments solutions, successfully lists ARYZE Digital Cash, a suite of innovative digital currency assets.

”Given the serial issues with trust and digital assets following the collapse of FTX, the timing of our launch is prescient not least as we just completed an oversubscribed DKK 2M funding round. ” Copenhagen-based fintech company ARYZE has unveiled the first of its suite of digital currency assets, ARYZE digital cash , on European digital assets exchange Switchere.

Stablecoins are a significant and controversial asset class within the crypto ecosystem, and yet are not necessarily promoting the very stability that their name would imply. ARYZE has recently launched a basket of alternative assets which are based upon the concept and the reality of full reserve banking. Issued by ARYZE (BVI) Ltd, ARYZE Digital Cash eEUR, and other variants such as eUSD and eGBP, are 100% asset-backed with zero leverage.

Issued by ARYZE (BVI) Ltd, ARYZE Digital Cash will provide individuals and businesses with a means of exchange as instantly available and transferable as any mainstream crypto asset, with the stability of a government backed digital currency and none of the issues of surveillance and acceptance that accompany a so-called Central Bank Digital Currency (CBDC).

To date, ARYZE has raised more than 20 million DKK through multiple funding rounds, and is planning a Series A funding round in 2023.