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The Flow: The first crypto native ECN: from a test trade to $35B

May 9, 2025 | Finery Markets

🎧 The Flow: Season 2 Episode 2
The first crypto native ECN: from a test trade to $35B

Dive deep into the world of crypto market structure with our special guest, Konstantin Shulga, CEO and co-founder of Finery Markets, as he sits down with our guest host, Leo Hmelnitsky, Chief Strategy Officer at Spotex.

In this episode, we explore:
🔹 The journey from traditional electronic trading to the crypto space,
🔹 The rapid development of ECNs in digital assets,
🔹 Navigating the post-FTX landscape and the push toward trading de-bundling,
🔹 Key regulatory changes in the US and EU and its implications,
🔹 The unstoppable rise of institutional crypto adoption.

Whether you're passionate about crypto or working in the industry, this episode is filled with insights to keep you informed and inspired about the future of the crypto market structure.

🎙 We don't want you to miss this conversation! Tune in now, and if you enjoy it, remember to like, comment, and subscribe so you never miss our latest episodes!

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