Global financial entity, Caladan, broadens its access to liquidity on a worldwide scale through Finery Markets, coinciding with a significant 112% surge in the Over-The-Counter market.

Finery Markets and Caladan Partnership to Revolutionize OTC Crypto Markets

In the first half of 2025, the over-the-counter (OTC) crypto markets experienced a significant surge, with global activity increasing by 112.6%. Amidst this growth, leading institutional trading firm Caladan has selected Finery Markets as its infrastructure partner to rapidly expand institutional access to digital asset liquidity in 35 countries.

Finery Markets, the first and only crypto ECN technology provider offering an all-in-one institutional infrastructure, will now underpin Caladan's institutional-focused liquidity provision. The partnership aims to redefine how institutions access reliable, multi-venue digital asset liquidity.

Julia Zhou, COO at Caladan, stated that the firm is focused on building the next-generation liquidity infrastructure for institutional crypto trading. She expressed that this partnership is a deliberate step in Caladan's broader expansion strategy.

Konstantin Shulga, CEO of Finery Markets, expressed excitement about Caladan joining their expanding network. He stated that their ECN technology allows Caladan to instantly scale price distribution and deepen their presence across OTC venues globally.

Caladan will experience seamless price distribution to institutional counterparties in 35 countries through Finery Markets' technology. The technology supports trading of over 1,000 digital assets and 70 global exchanges.

The partnership between Finery Markets and Caladan is intended to unlock new opportunities in the OTC crypto markets. It positions both firms to capitalize on the burgeoning OTC crypto markets and aims to expand institutional access to digital asset liquidity across the globe.

Caladan, with an annual trading volume of over $170 billion, is poised to be at the forefront of a fast-growing market segment. The partnership aims to redefine the way institutions access reliable, multi-venue digital asset liquidity, setting the stage for a new era in institutional crypto trading.

In addition to the surge in H1 2025, total trades in OTC crypto markets saw a 112.6% surge, and deals experienced a 57.6% uptick, indicating a promising future for the OTC crypto markets. With the partnership between Finery Markets and Caladan, the potential for growth and innovation in this space is immense.