Grupo Bancolombia has launched “Wenia Ltd.” a new entity enabling crypto trading.
According to a corporate statement, Wenia will provide digital asset services exclusively for Colombian residents through its platform.
Clients will be able to trade various digital assets, including Wenia’s own COPW, a stablecoin pegged to the Colombian peso.
Wenia is said to be regulated under the Bermuda Digital Asset Business Act, operating with a Class F license from the Bermuda Monetary Authority. This will also keep the new platform at arms length and not impact Bancolombia’s other operations are unaffected by this venture.
The Wenia website promotes its services, providing a reliable way to use Bitcoin, Ether, MATIC, and USDC, as well as its ability to purchase crypto with COPW.
Wenis is currently hosting a Wenia watch list for interested individuals.
