Indian crypto startup A2ZCrypto has partnered with Finery Markets, a leading non-custodial crypto ECN and provider of trading infrastructure for institutional players. The collaboration aims to revolutionize Over-The-Counter (OTC) crypto operations in the region, offering a seamless fusion of cutting-edge technology and extensive market liquidity.
Under this partnership, A2ZCrypto will harness Finery Markets’ Liquidity Match technology to facilitate OTC crypto transactions for its customers. This integration signifies a significant stride towards aggregating the fragmented Crypto/INR liquidity while expanding the accessibility of digital assets to a broader audience.
FM Liquidity Match
FM Liquidity Match offers a comprehensive trading solution featuring a proprietary matching engine, ideal for market players looking to establish electronic Over-The-Counter (OTC) trading businesses seamlessly.
Operating through a sub-account model, it allows brokers, prime-brokers, OTC desks, or liquidity providers to create a master account, then generate multiple sub-accounts for clients. Each sub-account functions independently, with its own balance, positions, and trading history, while the master account oversees user access, risk management, and overall trading parameters. With GUI or API accessibility, FM Liquidity Match ensures efficient client relations and smooth trade execution throughout the entire cycle.
A2ZCrypto Eyes to Reach A Wider Audience With Finery Markets Partnership
Krishnendu Chatterjee, CEO of A2ZCrypto, underscored the alignment of this collaboration with the company’s mission to deliver unparalleled value to its clientele. “Our primary goal has always been to generate value for our customers through top-tier trading technologies and competitive exchange rates,” Chatterjee affirmed. “This collaboration perfectly aligns with our objectives of aggregating the fragmented Crypto/INR liquidity and enabling us to connect with a wider audience.”
Founded in 2020 and headquartered in Kolkata, A2ZCrypto has rapidly emerged as a virtual digital asset service provider, specializing in Crypto-to-Fiat On/Off Ramp, OTC businesses, and crypto asset education. The company’s robust platform facilitates INR-Crypto swaps, enabling users to seamlessly transact in Bitcoin, Ethereum, USDT, and USD91.
A2ZCrypto’s commitment to compliance and security is underscored by its registration with the Financial Intelligence Unit India (FIU-IND) under the Prevention of Money Laundering Act (PMLA). This regulatory adherence instills trust among users and positions A2ZCrypto as a reliable player in the burgeoning Indian crypto market.
Moreover, A2ZCrypto’s role as a liquidity provider for Finery Markets’ Liquidity Match, Marketplace, and Interdealer platforms marks a significant milestone in enhancing trading infrastructure for global crypto institutions. By introducing INR quotes to the fiat-to-crypto asset pairs provided by various global liquidity providers, A2ZCrypto aims to bridge the gap between traditional financial systems and the burgeoning digital asset ecosystem.
Konstantin Shulga, CEO of Finery Markets, expressed enthusiasm about the strategic partnership, emphasizing its pivotal role in the company’s expansion into the APAC region, particularly India. “By combining FM Liquidity Match technology with A2ZCrypto’s expertise in facilitating INR-Crypto swaps, we have created a system that simplifies INR transactions for a multitude of market participants dealing with digital assets,” Shulga remarked.
The collaboration between Finery Markets and A2ZCrypto is poised to catalyze innovation in the digital asset trading space, offering customers enhanced trading experiences and robust banking support. Leveraging Finery Markets’ advanced trading software and extensive institutional OTC liquidity pools, the partnership seeks to streamline transactions, enhance transparency, and mitigate risks in the evolving crypto landscape.
As India’s crypto ecosystem continues to evolve, the A2ZCrypto-Finery Markets partnership sets a precedent for strategic collaborations aimed at driving adoption and fostering innovation in the burgeoning digital asset market.