To
enhance OTC trading capabilities, Digital Asset Management Limited (DAMEX), a payment
platform specializing in digital asset management, has integrated FM Liquidity
Match into their trading technology stack.
Through
the DAMEX OTC Desk, businesses now have the convenience of buying and selling
digital assets using fiat or stable coins, coupled with access to
round-the-clock customer support. DAMEX offers competitive rates by harnessing
multiple liquidity sources.
Samuel
Rondot, Managing Director for Business at DAMEX, shared his perspective on the
development, saying: “DAMEX aims to bridge the gap between cryptocurrency and
traditional financial markets, empowering businesses to leverage blockchain
technology in their everyday financial transactions.”
“We
strive to provide a seamless on-ramp/off-ramp experience for our clients, so we
are constantly exploring innovative solutions to improve the quality, affordability,
and efficiency of our product offerings.”
“As
a regulated entity in the industry, we have been searching for the ideal
partner to provide a comprehensive solution for businesses actively managing
their crypto assets. With FM Liquidity Match, we can now offer a convenient
option for clients who want to engage in active trading alongside our bespoke
on and off-ramp services.”
Beyond
the OTC desk, the DAMEX group also offers Damex Direct, an all-in-one solution
that enables businesses to efficiently manage their digital and fiat assets
through dedicated IBANs, instant settlements, and multi-user access. Security
is a priority for DAMEX, and their custody solution incorporates advanced
technologies such as multi-party computation, bespoke cold-storage, and
optional insurance solutions.
FM
Liquidity Match: Institutional OTC
Trading
Konstantin Shulga, CEO and Co-Founder of Finery Markets
FM
Liquidity Match is a deployable trading solution featuring a proprietary
matching engine designed to enable institutional
market players to establish an electronic OTC trading business and manage
client relations throughout the trade cycle.
Konstantin
Shulga, CEO and Co-Founder of Finery Markets,
the developer of FM Liquidity Match, expressed his satisfaction with DAMEX’s
decision, stating: “We are proud that a leading payment provider has included
FM Liquidity Match in their technology stack to enhance OTC trading efficiency.”
“This
decision reflects the increasing demand across various institutions to
streamline their crypto…
