Gleb Kostarev and Vladimir Smerkis, former executives of Binance in Eastern Europe, have joined forces to establish a brand new crypto exchange platform following their departure from the leading CEX. The move could prove to be game-changing as the crypto startup could pose a direct competition to Binance.
About Former Binance Execs’ Latest Venture
The ex-Binance executives’ new venture, Blum, is poised to revolutionize the trading landscape. It will enable users to execute trades directly from external crypto wallets spanning various blockchain networks, as announced in a statement on Monday. Kostarev revealed in an interview that the initial rollout is scheduled for later this month.
Blum will streamline the token listing process for crypto projects, leveraging automated software to conduct preliminary assessments of a project’s technology, liquidity, and user base, Kostarev explained. The crypto startup was handpicked by Binance’s venture capital arm to participate in an acc
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