24 Exchange acquires Eduard Yusupov’s FX/crypto tech co 11B Technologies

After recently receiving its crypto trading license, Bermuda domiciled electronic trading venue 24 Exchange has announced the acquisition of New York-based technology and service provider 11B Technologies.

11B Technologies was established last year by former FXCM co-founder Eduard Yusupov (pictured at right). The company has been providing low latency software and connectivity solutions for 24 Exchange in FX Swaps and FX Spot. The acquisition of 11B includes the company’s IP and software.  In addition, the 11B software development and business support team and its president will join 24 Exchange.

Dmitri Galinov, 24 Exchange CEO and Founder, said,

“24 Exchange intends to aggressively expand into additional products such as Crypto physical and Crypto NDFs. Our acquisition of 11B provides the ideal technological platform for that expansion. 11B has developed incredible low latency, robust and very scalable software across a range of clients and asset classes. We have been working with the talented 11B team for a long time, and are very happy to welcome them into the 24 Exchange team.”

Eduard Yusupov, President and Founding Partner of 11B Technologies, said,

“We are excited to join 24 Exchange. This team has a unique vision, drive and the expertise needed to seize market opportunities and compete with existing service providers on a global scale. This acquisition creates substantial value and synergy for the shareholders of 24 Exchange. This combination will bring new technology offerings to 24 Exchange customers and help expand market reach and service capabilities.”

Among its services, 11B provides order, execution and risk management systems for FX Spot, FX Swaps, FX NDF, Crypto Spot and Crypto NDFs. It also provides matching engine, CRM and back office connectivity through FIX API, GUI and mobile interfaces. 11B technology provides post-trade and third-party systems integrations with matching engines located in Equinix data centers in London and New York (LD4 and NY4).

24 Exchange is a multi-asset class trading platform that allows market participants to exchange their exposures at the lowest possible cost. The company’s mission is to enable members to initiate the most cost-effective trades across a growing range of asset classes, 24 hours a day. 24 Exchange lowers the cost of exchanging assets in the global markets while delivering creative and unique workflows catered to each asset class. 24 Exchange Bermuda Limited is regulated by the Bermuda Monetary Authority for the purposes of conducting Digital Asset Business, pursuant to the Digital Asset Business Act.

Posted on

14 Replies to “24 Exchange acquires Eduard Yusupov’s FX/crypto tech co 11B Technologies”

  7. Khám phá các sòng bạc trực tuyến hàng đầu được xếp hạng năm 2025. So sánh tiền thưởng, lựa chọn trò chơi và độ tin cậy của các nền tảng hàng đầu để có trải nghiệm chơi game an toàn và bổ íchsòng bạc tiền điện tử

  11. Die deutschen Lizenzen erlauben nur Slots, kein Live-Casino, kein Poker.
    Diese Länder haben eigene Regulierungsbehörden, die nach
    anderen Regeln spielen. Einfach spielen, Punkte kriegen, einlösen. Und
    die Umsatzbedingungen des Bonus sind so hoch, dass
    man schon Glück braucht, um ihn freizuspielen.
    Neue Spieler erhalten 125% auf ihre erste Einzahlung – maximal 777€ – plus 250 Freispiele obendrauf.
    In der Sperrdatei werden Daten von gesperrten Spielern erfasst, die
    entweder eine Selbstsperre beantragt haben oder durch Dritte gesperrt wurden. In dieser sind alle Spieler hinterlegt, die in einem Casino mit deutscher Lizenz gesperrt wurden.
    OASIS ist ein System, das von den deutschen Lizenzbehörden entwickelt wurde.
    Die OASIS-Spielsperre gilt nicht nur in Online-Casinos, sondern auch bei
    Wettanbietern, in Spielbanken, Online-Poker-Räumen, bei Pferdewetten und an Spielautomaten in Gaststätten. In diesen Casinos kannst du ohne die genannten Einschränkungen spielen und weiterhin Progressive Jackpots sowie Live Casino Spiele
    nutzen. Das bedeutet, dass du bei keinem dieser Casinos spielen kannst, wenn du in der OASIS-Datei gelistet bist.

    References:
    https://online-spielhallen.de/plinko-casino-cashback-ihr-weg-zu-mehr-spielguthaben/

  12. And, of course, our heart and soul lies in our massive collection of the latest online pokies—Australia’s favourite casino game.
    Prepare to dive into an unmatched collection of thousands of thrilling online pokies,
    timeless table games, and colossal jackpots waiting to be claimed.
    Standard wagering is 30×; pokies contribute 100% toward wagering,
    while table and live games contribute 3%.
    Royal Reels Casino encourages frequent logins where
    dynamic bonuses are often linked to activity milestones.

    Down the line, actively participating in seasonal promotions and realizing adventure in daily offerings can amplify the winning margin through extended play sessions.
    Explore the FAQ section for instant solutions, and reach
    out to our live support should real-time help be needed.
    For a more immersive experience, tap into Royal Reels’ community
    spaces where discussions on strategies and game tips happen.
    To claim a bonus at Royal Reels Casino, Australian players need
    to register an account, make an eligible deposit, and opt-in for the specific promotion. Australian players
    often praise Royal Reels for its diverse game selection, secure payment methods, and reliable customer service.
    Royal Reels is known for offering generous bonuses tailored
    to Australian players. Royal Reels Casino supports multiple payment methods suitable for Australian players, including
    instant deposits and fast withdrawals.

    References:
    https://blackcoin.co/vegastars-casino-your-ultimate-gaming-destination/

Leave a Reply

Your email address will not be published. Required fields are marked *