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Finery Markets CEO: “We will see a few changes in the leader board of the crypto space”

In the final segment of our exclusive series featuring interviews with trailblazing fintech companies, as part of our coverage at the prestigious iFX Expo in Limassol, we pivot our attention to the crypto firm Finery Markets.

Established in 2019, this Cyprus-based fintech powerhouse has a dual-pronged business strategy. Firstly, it serves as a marketplace tailored for institutional players operating within the crypto space, connecting them with a diverse array of liquidity providers. Additionally, Finery Markets operates as a versatile platform-as-a-service for brokers, over-the-counter (OTC) desks, and exchanges. This multifaceted platform delivers a comprehensive pre-trade, trade, and post-trade infrastructure meticulously designed to cater to the intricate nuances of crypto markets.

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Despite the ever-fluctuating dynamics of the market, Finery Markets managed to deliver a remarkable performance in 2021, clocking an astonishing 12-fold year-on-year growth. In 2022, the firm secured seed funding (the first time it raised outside funding) of US$5.5 million, spearheaded by prominent investors in the space including G1 Ventures, gCC and Shima Capital.

In the following video, Konstantin Shulga, co-founder and CEO of Finery Markets, underscores what separates the fintech from the pack, and discusses what the post-FTX future would look like for the crypto space.

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