Founded by Dmitri Galinov, the former CEO and founder of FastMatch, 24 Exchange was established to provide institutional market participants with a more cost-effective, robust, and efficient platform for trading across various asset classes. The company operates an over-the-counter (OTC) Electronic Communication Network (ECN) that offers low-latency execution for products including FX NDFs, FX Swaps, and Crypto Spot and NDFs. Its mission is to bridge the gap between traditional financial markets and the digital asset space, offering a seamless and unified trading experience. The platform is regulated by the Bermuda Monetary Authority (BMA) as a "Class T" Digital Asset Exchange.