DAMEX Taps Finery Markets for Electronic Crypto OTC Trading

Digital Asset Management Limited (DAMEX), a regulated digital asset broker, dealer and custodian, has formed a partnership with Finery Markets, a Cyprus-based OTC trading solutions provider for digital assets.

DAMEX has implemented FM Liquidity Match, Finery Markets' electronic crypto OTC trading solution, within its trading technology stack, in a move to deliver a streamlined and reliable OTC trading experience to the customers.

With FM Liquidity Match, DAMEX will have access to cutting-edge technology that will revolutionize its crypto trading processes throughout the whole cycle, from pre-trade risk management to flexible settlements and compliant reporting, notes Konstantin Shulga, CEO and co-founder of Finery Markets. 

"We are proud that a leading payment provider has included FM Liquidity Match in their technology stack to enhance OTC trading efficiency. This decision reflects the increasing demand across various institutions to streamline their crypto operations and improve overall performance," said Konstantin Shulga.

"As a regulated entity in the industry, we have been searching for the ideal partner to provide a comprehensive solution for businesses actively managing their crypto assets. With FM Liquidity Match, we can now offer a convenient option for clients who want to engage in active trading alongside our bespoke on and off-ramp services," stated Samuel Rondot, Managing Director for Business at DAMEX.

This new partnership follows Bequant​, a regulated virtual financial assets prime broker, using Finery Markets's FM Liquidity Match service to be connected with different crypto liquidity providers.