Cyprus · Information technology & services startup

Finery Markets

Finery Markets is a global provider of non-custodial cryptocurrency Electronic Communication Networks (ECN) and electronic trading Software as a Service (SaaS) solutions.

Funding reportedLast round: Seed

Information technology & servicesLimassol, Cyprus

About Finery Markets

Finery Markets is a global provider of non-custodial cryptocurrency Electronic Communication Networks (ECN) and electronic trading Software as a Service (SaaS) solutions.

Founded in 2019 and based in Limassol, Cyprus, the company operates a hybrid ECN technology that allows trading through order books, Request for Quote (RFQ), and quote streams. Its non-custodial model ensures clients maintain full control of their assets while benefiting from deep liquidity and a robust infrastructure with over 99.99% uptime. The company offers a range of financial technology products tailored for institutional clients in the digital asset space. This includes a multi-dealer ECN that aggregates liquidity, a comprehensive electronic trading SaaS for capital efficiency and risk management, and a stablecoin trading environment designed for institutions. Finery Markets serves over 150 clients across more than 40 countries, focusing on institutional participants such as payment providers, brokers, OTC desks, hedge funds, custodians, and exchanges. The company has received recognition as one of the top 50 Rising Stars in the Deloitte Technology Fast 50 competition in 2024.

What company datasets say Finery Markets raised

Funding, as reported

Reported in all5.5Min the source's currency
Rounds1
Last roundSeed
Last round size5.5M
Last round dateNov 2022
Investors listed8

Founders and team

From Finery Markets's own website: 2 founders, 4 on the team.

Ilia DrozdovCo-founder
Konstantin ShulgaCo-founder
  • Anastasia KarpinskaHead of Engineering
  • Artem KaravaevProduct manager
  • Egor MorozowCustomer Solutions Director
  • Krish ChatterjeeProduct manager

AdvisersMarko JagustinStan Bublik

On 3 portfolio pages

Investors who name them

Each firm lists Finery Markets on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

rfq platformmarket accesswhite-label solutionsliquidity aggregationsettlement automationtrading lifecycle managementdigital asset infrastructureotc trading supportdigital asset tradingsecurity standardsdigital asset otcinformation technology & servicesmulti-venue connectivitymarket datamulti-channel tradingmarket data analytics

Built with from their website

Amazon SESGoogle Tag ManagerAmazon CloudFrontAWS Trusted AdvisorPWAVictoriaMetricsLinkedin Insight TagGoogle WorkspaceViewport MetaLinkedIn Ads

+8 more

Amazon Simple Email ServicePostgreSQLAWS AnalyticsAzure Linux Virtual MachinesAIGoogle MeetGitBookCAPTCHA

Sector
Information technology & services
Industry code
NAICS 5231, 513210, 523210, SIC 6732
Region
Limassol
Revenue
3.5M a year, as listed
Full record
Every detail in the company directory

Information technology & services in Cyprus

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