This edition comes after a record month for Finery Markets, with client trading volume reaching a new all-time high of $2.8B as institutional activity continues shifting toward OTC execution. We also share news of our inclusion in Deloitte’s Technology Fast 50 ranking, reflecting the scale the business has reached over the past few years.
Alongside that, this month’s digest includes Konstantin Shulga’s latest article on crypto’s 2030 institutional cycle, recent upgrades to our Position Management infrastructure integrating external liquidity sources, and our nomination at the Global Markets Choice Awards 2026.
New all-time high in institutional trading activity
April became the strongest month in Finery Markets’ history, with institutional clients trading $2.8B in volume across OTC spot digital asset markets. Overall trading activity during the first four months of 2026 increased 48% year over year, reflecting continued institutional migration toward OTC execution environments.
The trend aligns with findings from The 2030 Institutional Crypto Cycle survey, where 40% of tier-1 liquidity providers, OTC desks, market makers, and prime brokers identified OTC as their primary execution layer, routing more than half of trading activity off-screen.
According to CEO and co-founder Konstantin Shulga, stablecoins are increasingly becoming a foundational settlement layer within the European economy, with Euro-linked pairs now representing up to 50% of daily flow on the network amid growing MiCA-driven adoption.
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Finery Markets enters Deloitte Technology Fast 50 ranking
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Following inclusion in Deloitte’s Rising Stars ranking in 2024, Finery Markets has now entered the main Deloitte Technology Fast 50 Middle East & Cyprus ranking, which recognizes the region’s fastest-growing technology companies based on four-year revenue growth.
The recognition reflects accelerating institutional demand for more efficient digital asset trading infrastructure, particularly as stablecoins continue to gain importance within institutional payment and settlement workflows.
The Deloitte Fast 50 program, now in its fifth edition, highlights companies contributing to the growth of the regional technology ecosystem across software, fintech, and digital infrastructure.
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Five ideas for CEOs in crypto’s 2030 institutional cycle
In a new op-ed, Finery Markets CEO and co-founder Konstantin Shulga explores how institutional crypto markets are evolving as margin compression, infrastructure competition, and stablecoin adoption reshape the industry’s operating model.
Konstantin argues that operational efficiency, capital optimization, and settlement design are replacing speculation as the defining competitive edge of the next cycle. This piece also examines the growing role of OTC markets, the emergence of stablecoins as alternative funding infrastructure, the transition toward 24/7 financial rails, and the gradual decoupling of utility from token price action.
Among the central themes: by 2030, institutions that succeed may not be those with the lowest spreads or fastest marketing cycles, but those capable of building infrastructure that seamlessly connects traditional finance with on-chain markets.
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Advanced Position Management for back-office efficiency
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We have enhanced our Position Management tool to further simplify complex back-office workflows by integrating external liquidity sources. This includes balances from centralized exchanges such as Kraken and Binance, as well as positions from institutional OTC liquidity providers including B2C2 and Wintermute.
By supporting real-time tracking in both USD equivalents and native assets, the upgrade enables back-office teams to manage counterparty risk with greater precision and optimize global settlement processes across the full range of open exposures.
Finalist at Global Markets Choice Awards 2026
Finery Markets has been shortlisted as a finalist in the Best in Fintech category at the Global Markets Choice Awards 2026, organized by Markets Media Group.
The recognition comes as institutional market structure continues shifting toward execution environments focused on capital efficiency, credit enablement, and scalable infrastructure — trends increasingly shaping both traditional and digital asset markets.
The category includes firms such as SimCorp, OptimX, MillTech, HPR, and Connamara Technologies, reflecting the growing convergence between crypto-native and traditional financial infrastructure providers.
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