Welcome to a new episode of the The Flow podcast, hosted by Konstantin Shulga, CEO of Finery Markets. The digital assets market is rapidly adopting some of the best practices from traditional finance. The use of clearing houses to debundle market structure and derisk is one of them. We could hardly imagine someone better to dive into this topic than Benjamin Stephens, CEO of ClearToken, the world’s first clearing house in the crypto space.
In this one-hour episode, Benjamin and Konstantin explore the indispensable role of clearing houses in the post-FTX landscape, where they enhance market safety by managing risk and allowing competitors to settle transactions smoothly. Benjamin explains how ClearToken operates at the intersection of innovation and regulation, providing crucial infrastructure that supports frequent settlements and introduces greater flexibility in the crypto trading process.
The discussion also covers the challenges of bridging the operational differences between traditional financial systems and the crypto market. This includes integrating processes like Delivery Vs Payment, which are well-established in traditional markets but face complexities within the blockchain environment. Benjamin sheds light on how solutions like ClearToken's settlement netting could evolve into fully-fledged clearing house services with margin.
__
The Flow by Finery Markets
In this branded podcast series, we dive into the exciting world of institutional crypto trading. Each episode explores the currents shaping the digital asset markets, offering listeners a unique blend of expert insights, industry trends, and forward-thinking strategies. Hosted by Finery Markets' thought leaders and featuring a roster of distinguished guests from across the financial and technological landscapes, The Flow navigates through the complexities of electronic trading infrastructure, regulatory landscapes, and the evolving dynamics of liquidity and market making.
__
About Finery Markets
Finery Markets, a premier non-custodial crypto ECN, provides cutting-edge trading infrastructure for institutional players in over 30 countries. We seamlessly connect clients across LATAM, North America, Europe, Asia, and Africa. Our goal is to power trading technology behind world's leading brokers, exchanges, OTC desks, payment providers and custodians.
Since our launch in 2019, we have been growing our ecosystem, serving 100+ digital asset players, including payment providers, brokers, OTC desks, hedge funds, and custodians. We connect digital asset players and provide them with seamless access to a vast network of partners, enabling them to navigate their operations smoothly and efficiently.
__
✅Subscribe to our channel here: / https://www.youtube.com/@FineryMarkets
► To join Finery Markets visit https://finerymarkets.com/
► Follow us on Twitter: / https://twitter.com/finerymarkets
► Find us on LinkedIn: / https://www.linkedin.com/company/finerymarkets/