Security

Digital Asset Management Limited (DAMEX), a premier digital asset payment platform, has augmented its trading technology stack with FM Liquidity Match from Finery Markets. This strategic move is designed to refine and bolster the OTC trading experience for DAMEX's clientele.
The DAMEX OTC Desk facilitates straightforward digital asset transactions with fiat or stablecoins, backed by a commitment to competitive rates and 24/7 customer support.
Beyond the OTC service, DAMEX offers Damex Direct for seamless management of digital and fiat assets. Security is paramount, with cutting-edge custody solutions including multi-party computation, cold storage, and insurance options.
<h3 id="from-pre-trade-risk-management-to-flexible-settlements-and-compliant-reporting">From pre-trade risk management to flexible settlements and compliant reporting</h3>
Konstantin Shulga, CEO and Co-Founder of Finery Markets, heralds the collaboration as a testament to the growing need for efficient crypto operations in the institutional space.&nbsp;“We are proud that a leading payment provider has included FM Liquidity Match in their technology stack to enhance OTC trading efficiency," said Shulga.
"This decision reflects the increasing demand across various institutions to streamline their crypto operations and improve overall performance. With FM Liquidity Match, DAMEX will have access to cutting-edge technology that will revolutionize its crypto trading processes throughout the whole cycle, from pre-trade risk management to flexible settlements and compliant reporting.”
Samuel Rondot, Managing Director for Business at DAMEX, emphasizes the company's dedication to merging cryptocurrency with traditional finance.&nbsp;“DAMEX aims to bridge the gap between cryptocurrency and traditional financial markets, empowering businesses to leverage blockchain technology in their everyday financial transactions," said Rondot.
"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.”

DAMEX integrates Finery Markets’ FM Liquidity Match to optimize OTC trading

Table of Contents

FinanceFeeds

Other articles published on Nov 7, 2023

Gemini Trust CTO Pravjit Tiwana set to depart amid company challenges

Ethereum Price As Analyst Predicts Massive Bull Run To $5.8k By 2025

BITCOIN TECHNICAL ANALYSIS-$34,700: Make-Or-Break Level: Buy or Sell?

Robinhood Stock Prediction: Will HOOD Stock be Bullish In 2024?

Mauritius explores Metaverse integration in financial services

WisdomTree Adds Bitcoin to Commodity ETF

Join our free newsletter for daily crypto updates!