Finery Markets, a leading non-custodial crypto ECN and the provider of SaaS trading solutions for institutional clients, has announced a partnership with 1Konto, a provider of institutional-grade on/off ramps, deep liquidity, and global settlements.
The collaboration comes amid rising institutional interest in digital assets. According to an analysis by Finery Markets, institutional trading volume has posted double-digit growth for nine consecutive months, with the over-the-counter (OTC) crypto market experiencing an 89% year-over-year increase.
1Konto has integrated Finery Markets' technology to address the increasing demand for robust OTC crypto trading solutions. This integration will enable 1Konto to offer quotes for users of FM Marketplace, FM Liquidity Match and FM Whitelable across 50 digital assets and top 5 fiat currencies.
Konstantin Shulga, CEO of Finery Markets, stated:
"We are excited to welcome 1Konto to our ECN. This partnership will provide significant value to institutional players globally by offering access to deep liquidity and competitive pricing. In many instances, the OTC trading setup proves more efficient for institutional trades, and with 1Konto's on-ramp/off-ramp capabilities, this offering becomes particularly appealing."
Edwin Handschuh, CEO of 1Konto, said:
“We are excited to partner with Finery Markets and leverage their advanced ECN technology to enhance liquidity across digital assets and fiat currencies. This collaboration enables us to provide institutional clients with transparent, efficient trading solutions, addressing counterparty risk and streamlining operations. By joining forces, we contribute to a more resilient trading environment, offering tighter spreads and improved market efficiency to institutional investors worldwide.”
About 1Konto
1Konto is a leading OTC liquidity provider, offering institutions seamless on/off ramp solutions for stablecoins, fiat currencies, BTC, ETH, and select altcoins. Through its flagship platform, 1KPrime, clients gain access to deep liquidity, best price execution, and streamlined trading and settlement.
In addition to trading, 1Konto offers Bitcoin-backed loans with no rehypothecation, ensuring assets are securely held in bank custody. This enables institutions to unlock liquidity while maintaining full control of their collateral. By providing trusted, secure trading and lending solutions, 1Konto helps institutions efficiently manage risk and optimize their digital asset strategies.
About Finery Markets
Finery Markets, the premier non-custodial crypto ECN, provides cutting-edge trading infrastructure for institutional players in over 35 countries. We seamlessly connect clients across North America, Europe, Asia, LatAm, and Africa.
Finery Markets offers the first hybrid, crypto-native ECN that allows trading through an aggregated order book or RFQ.
Since our launch in 2019, we have been growing our ecosystem, serving 100+ digital asset clients, including payment providers, brokers, OTC desks, hedge funds, and custodians. We connect digital asset players by offering them effortless connectivity to an extensive network of partners. Our services enhance capital efficiency, ensure optimal execution, assist in risk management, and simplify settlement processes.
Finery Markets is the first crypto ECN to receive the SOC 2 Type 1 certification. In 2024, Finery Markets was selected as one of the top 50 rising stars in the Deloitte Technology Fast 50 competition.
Finery Markets hosts “The Flow” a C-level institutional crypto podcast that explores the development of the digital assets market structure.
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