India's A2ZCrypto, a virtual digital asset service provider, partners with Finery Markets for OTC Crypto Operations

Finery Markets, a non-custodial crypto ECN, today said it has partnered with A2ZCrypto, a virtual digital asset service provider registered with the Financial Intelligence Unit India (FIU-IND).

The partnership collaboration aims to utilize Finery Markets' FM Liquidity Match technology for Over-The-Counter (OTC) crypto transactions, enhancing the trading infrastructure for institutional players globally.

"Partnering with A2ZCrypto is a strategic move for us as we continue to expand our reach into the APAC region and particularly India," said Konstantin Shulga, CEO of Finery Markets.

"By combining FM Liquidity Match technology with A2ZCrypto's expertise in facilitating INR-Crypto swaps, which is compatible with most Indian banks, we have created a system that simplifies INR transactions for a multitude of market participants dealing with digital assets," Shulga said.

A2ZCrypto's role and offerings

Founded in 2020, Kolkata-based A2ZCrypto is a virtual digital asset service provider focusing on Crypto-to-Fiat On / Off Ramp, Over-The-Counter (OTC) businesses, and crypto asset education.

The company facilitates INR-Crypto swaps, enabling users to buy and sell Bitcoin, Ethereum, USDT, and USD91.

A2ZCrypto will also serve as a new liquidity provider for FM Liquidity Match, FM Marketplace, and FM Interdealer. It will add quotes for the Indian Rupee (INR) to the list of available fiat-to-crypto asset pairs provided by a variety of global liquidity providers. 

“We are excited to join hands with Finery Markets and extend our services to their platform," said Krishnendu Chatterjee, CEO of A2ZCrypto. "Our primary goal has always been to generate value for our customers through top-tier trading technologies and competitive exchange rates. This collaboration perfectly aligns with our objectives of aggregating the fragmented Crypto/INR liquidity and enabling us to connect with a wider audience."

A2ZCrypto is registered with the Financial Intelligence Unit India (FIU-IND) as a Reporting Entity under the Prevention of Money Laundering Act (PMLA), it said.

Aimgs to provide enhanced trading experience

The company said that the partnership will drive innovation in the digital asset trading space, offering customers seamless trading experiences and enhanced banking support. It leverages Finery Markets' advanced trading software and institutional OTC liquidity pools, along with A2ZCrypto's capability in facilitating INR-Crypto swaps.

The partnership is expected to aggregate fragmented Crypto/INR liquidity, connecting with a wider audience and simplifying INR transactions for digital asset market participants.

What does Finery Markets do?

Founded in 2019, Finery Markets has established itself as a premier trading infrastructure provider for institutional players across over 30 countries.

The company connects clients across various regions, including LATAM, North America, Europe, Asia, and Africa, serving over 100 digital asset players. It aims to enhance execution quality, liquidity, and minimize counterparty risks through sophisticated risk management tools to improve capital efficiency with automated post-trade settlement workflows.

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