Cryptocurrency Trading Platform Development
CLIENT DETAILS
Industry: Large Online Brokerage Firm
Revenue: $800M
# of Employees: +/- 1,000
Practice Area: IT Staffing – Crypto & Blockchain
Project: Compliance, regulatory requirements & product development for a new cryptocurrency division
CLIENT OVERVIEW
Our client is a $800M+ online brokerage & trading services company with delivering services to high-net-worth individuals and institutional traders.
PROJECT OVERVIEW
Cryptocurrency trading represents a strategic expansion opportunity for our client’s business operations. The development of a new cryptocurrency trading division required extensive compliance expertise and technical talent to build a secure, regulatory-compliant platform. Gravity worked closely with the Chief Legal Officer and CTO to establish the technical and compliance framework necessary for cryptocurrency trading operations.
BUSINESS PROBLEM & OBJECTIVE
The client needed to establish a new cryptocurrency trading division within their existing brokerage platform. This initiative required building a compliant cryptocurrency trading infrastructure while meeting strict regulatory requirements. Key challenges included:
- Obtaining necessary federal licenses and registrations for crypto trading
- Developing robust AML and compliance programs
- Building secure trading systems integrated with blockchain technology
- Creating a scalable platform architecture supporting multiple trading channels
GRAVITY IT STAFFING – CUSTOM APP DEVELOPMENT
Gravity employed its IT Staffing Software Development Acceleration services to build multiple technical teams:
Leadership & Compliance:
- Chief Compliance/Cryptocurrency/Money-Transmitter Officer
- VP of Product Development for Crypto Division
Technical Resources:
- 6 Backend Software Engineers (.NET, C#, SQL)
- Tech Leads (.NET/Kafka)
- Site Reliability Engineer
- Cloud Software Engineer
- Product Owners
- Enterprise Software Architect
- 2 Blockchain Developers
Gravity leveraged its referral-driven sourcing model and deep fintech expertise to identify and secure specialized talent across compliance, development, and architecture roles.
RESULTS
Under the leadership of the new cryptocurrency division, Gravity’s staffing support enabled:
- Successful development and launch of the crypto trading platform
- Growth of the development team from 12 to 30+ resources
- Implementation of comprehensive compliance programs
- Creation of custom trading systems across mobile, web, and desktop platforms
- Establishment of secure blockchain infrastructure
The platform operated successfully until market conditions led to a strategic pivot back to core pro-trader services.