Ex-Binance Executives Kostarev, Smerkis Set Up New Crypto Exchange

Former Eastern Europe Binance executives Gleb Kostarev and Vladimir Smerkis are teaming up to start a new crypto platform, months after leaving the world’s largest digital asset exchange.

The new venue, called Blum, will allow users to trade directly from third-party crypto wallets across multiple blockchain networks, the pair said in a statement on Monday. An initial launch is slated for later this month, Kostarev said in an interview.