Former Nexo Executives Establish New Market-Making Firm Infima Capital

According to Odaily, Tom Stanev, the former head of trading at cryptocurrency lending and exchange platform Nexo, has left the company to establish a new market-making firm named Infima Capital. A Nexo spokesperson confirmed to DL News that Stanev, along with several former employees, has departed the company. Joining Stanev at Infima Capital are Stefan Bonev, the former director of engineering at Nexo, and Lora Zlateva, the former product manager at Nexo. The new firm, Infima Capital, already boasts a team of over 40 employees. Infima Capital has secured a $5 million investment from an undisclosed partner, who will also provide a $100 million credit line for market-making and market-neutral strategies. Stanev declined to disclose specific details about the backers, stating, 'We have commitments from multiple counterparties, but as we are still in the fundraising stage, nothing is finalized yet.'