Summary: A New Partnership in Crypto Trading
Finery Markets, a non-custodial crypto Electronic Communication Network (ECN), has recently joined forces with Nonco, a digital assets firm, to enhance access to over-the-counter (OTC) liquidity for institutional clients. With Nonco securing $10 million in seed funding and Finery Markets serving clients in over 30 countries, this partnership aims to provide better asset prices and trading setups for crypto institutions.
Enhancing Institutional Trading with Finery Markets and Nonco π
Finery Markets, a pioneer in the non-custodial crypto ECN space, has established a strategic partnership with Nonco, a major player in digital assets. This collaboration marks a crucial development in facilitating institutional access to OTC liquidity within the dynamic cryptocurrency market.
- Finery Markets, founded in 2019, has become a significant player in the institutional crypto trading sector.
- The company’s platform enables over 100 global businesses to access OTC liquidity for digital assets.
- Partnerships with leading liquidity providers, prime-brokers, and custodians worldwide have solidified Finery Markets as a key intermediary bridging traditional finance and the crypto realm.
A Step Forward with a Successful Transaction π
Noncoβs inaugural transaction through FM Liquidity Match, Finery Marketsβ innovative platform, symbolizes the beginning of a mutually beneficial partnership.
- FM Liquidity Match offers deep liquidity across 150+ cryptocurrencies for institutional clients.
- The advanced matching engine provides clients with efficient and reliable trading solutions.
- CEO Konstantin Shulga notes the increasing demand for quality crypto liquidity among institutional players.
The Power of Partnership in Crypto Trading πͺ
Nonco, known for its market-making expertise in top cryptocurrencies and stablecoins, received $10 million in seed funding in 2023, showcasing investor confidence in their institutional crypto trading approach.
- CEO Fernando Martinez anticipates innovation and competitive pricing for Finery Markets customers through this partnership.
- Both companies aim to deliver value and expand their market reach through collaborative efforts.
- Finery Marketsβ non-custodial trading infrastructure offers comprehensive features tailored to institutional clients.
Security and Compliance in Institutional Crypto Trading π
As the first crypto ECN to receive SOC 2 Type 1 certification, Finery Markets prioritizes security and compliance in their offerings.
- The platform provides pricing intelligence, Best Execution, trade transparency, and risk management features.
- Comprehensive reporting tools ensure clients have a holistic trading experience throughout pre-, intra-, and post-trade phases.
- Recognized as a rising star in the fintech sector, Finery Markets continues to innovate and grow.
Hot Take: Collaborating for a Stronger Crypto Future π
By joining forces, Finery Markets and Nonco are paving the way for enhanced trading experiences and better asset prices in the institutional crypto landscape. The partnership signifies a commitment to innovation, value creation, and market expansion, driving the industry forward with confidence and security.