otc-trading
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Jos Evans and the conversation that became a company
He built a brokerage, sold it, then returned with software to automate the broker’s work. AiX took Jos Evans from commodity options to a chatbot, a completed bitcoin trade and a sale to Blockchain.com.
Flowdesk puts liquidity on the clock
A token can trade around the world and still be hard to buy. Flowdesk built a business around that gap, starting with a deceptively simple question: who controls the money?
SpectrAxe asks: why trade only with people you know?
A shared order book is easy to imagine. Letting institutions trade across old credit boundaries is the harder trick - and the premise behind SpectrAxe’s OTC marketplace.
Reed Werbitt and the Quiet Business of Making Crypto Tradable
Before digital assets became an institutional asset class, Reed Werbitt learned to move size without making a scene. Now Flowdesk's U.S. CEO and Global CRO is applying that old trading discipline to a market that never closes.
AiX taught a chatbot to broker a trade. Blockchain.com bought the business.
A former broker set out to automate the negotiations behind big financial trades. AiX’s route to Blockchain.com ran through an abandoned token sale, a bitcoin deal and the unglamorous work of getting settlement right.
Settle Network
Settle Network is a Buenos Aires-based fintech that builds the fiat-to-crypto rails Latin America runs on. Through its Latamex gateway and Stellar-based settlement infrastructure, it lets exchanges, businesses, and users convert local currencies like the Argentine peso and Brazilian real into crypto and stablecoins - and back again - in seconds. A Y Combinator S22 company backed by the Stellar Development Foundation, Settle became the on/off ramp behind global exchanges including Binance and OKX across the region.
Fuze
Fuze is a Dubai-based digital asset infrastructure company that lets banks, fintechs, and enterprises across MENA and Turkey offer regulated crypto and stablecoin services through a single API. Its stack spans Digital Assets-as-a-Service, an OTC trading desk, stablecoin payment rails, embedded trading, and custody, all built on regulated, compliant infrastructure. Licensed by Dubai's VARA and holding a Retail Payment Services license from the UAE Central Bank, Fuze has onboarded hundreds of institutions and processed billions in digital asset volume since its 2023 launch.
Klickl
Klickl is a regulated Web3 open-finance platform headquartered in Abu Dhabi that bridges traditional banking and digital assets. Founded in 2017, it offers crypto trading, custody, payments, multi-currency accounts, cards and OTC services under licenses from Abu Dhabi's ADGM, Poland (VASP/EU) and the US (FinCEN MSB). In December 2024 it raised a $25M Series A at a $125M valuation to expand across the MENA region and other emerging markets.
VersiFi
VersiFi is a New York-based institutional digital asset trading and lending firm that pairs a low-latency, plug-and-trade platform with high-touch service. It gives institutions a single point of access to OTC and algorithmic trading, direct market access, borrowing, lending, and third-party custody - all wrapped in TradFi-grade compliance and risk controls.