Victor Gherbovet, FirstByt's CEO, introduced a platform that aims to bridge decentralized and traditional finance.
As Finance Magnates learned, after starting on Solana, it will also expand to other chains.
Victor Gherbovet, the CEO and Co-Founder of FirstByt
In the
first half of this year, Victor Gherbovet, who previously collaborated with the
FX/CFD broker Admirals for over a decade, decided to launch his own
software-as-a-service (SaaS) technology company, FirstByt. Now, as Finance
Magnates exclusively learned, the company is introducing a white-label
solution for firms looking to launch their own decentralized cryptocurrency
exchange (DEX) within a few days.
FirstByt Launches DEX
White Label Solution on Solana, Eyes Multi-Chain Expansion
FirstByt
unveiled its
first products in April this year, though the company had been in
development for the past few years. Now, as Finance Magnates has
learned, the company is introducing one of the first DEX white label solutions
on the market, dubbed DexTrader.PRO starting with the Solana blockchain.
The
platform, which can be deployed in just 24 to 48 hours, offers a suite of
customizable features including SWAP functionality, limit orders, and
dollar-cost averaging (DCA) tools. As Gherbovet stated exclusively for Finance
Magnates, this fast setup time represents an important shift in an industry
where DEX deployments typically require more extensive timeframes.
The look of white label DEX. Source: FirstByt
“While
we're starting with Solana due to its high-speed and low-cost transactions,
we're actively planning to expand to other prominent blockchains like Ethereum,
Binance Smart Chain, and Polygon,” the FirstByt’s CEO and Co-Founder added.
However, the
move towards multi-chain compatibility is part of FirstByt's strategy to bridge
the gap between decentralized finance (DeFi) and traditional finance (TradFi).
“We're
aiming to introduce decentralized money management features alongside
traditional financial instruments like Forex, commodities, and Indices,
creating a comprehensive solution for both crypto-native traders and those
transitioning from traditional markets,” Gherbovet shared.
FirstByt's
white-label solution offers customization options for businesses. These include
user interface personalization, feature selection, and the ability to set
custom commission and fee structures. “Our goal is to provide businesses
with the flexibility to tailor the platform to their specific needs while
leveraging our robust technology,” Gherbovet added.
Security also
remains a priority for FirstByt. The platform incorporates multiple layers of
protection, including smart contract audits, decentralized custody, and
encryption measures to safeguard users and their assets.
The launch
of FirstByt's DEX solution comes at a time of growing competition between
decentralized and centralized exchanges. As the crypto industry places
increasing emphasis on security and transparency, DEXs are emerging as viable
alternatives to traditional centralized platforms.
Gherbovet is not the only former Admirals executive who decided to go independent this year. Previously, Bartosz Bielec, a market veteran with 20 years of experience, launched a new CFD business named Prime Quotes. Bielec had previously served as a long-time director and Board Member at Admirals and was also the Chief Commercial Officer at Alpari.
In the
first half of this year, Victor Gherbovet, who previously collaborated with the
FX/CFD broker Admirals for over a decade, decided to launch his own
software-as-a-service (SaaS) technology company, FirstByt. Now, as Finance
Magnates exclusively learned, the company is introducing a white-label
solution for firms looking to launch their own decentralized cryptocurrency
exchange (DEX) within a few days.
FirstByt Launches DEX
White Label Solution on Solana, Eyes Multi-Chain Expansion
FirstByt
unveiled its
first products in April this year, though the company had been in
development for the past few years. Now, as Finance Magnates has
learned, the company is introducing one of the first DEX white label solutions
on the market, dubbed DexTrader.PRO starting with the Solana blockchain.
The
platform, which can be deployed in just 24 to 48 hours, offers a suite of
customizable features including SWAP functionality, limit orders, and
dollar-cost averaging (DCA) tools. As Gherbovet stated exclusively for Finance
Magnates, this fast setup time represents an important shift in an industry
where DEX deployments typically require more extensive timeframes.
The look of white label DEX. Source: FirstByt
“While
we're starting with Solana due to its high-speed and low-cost transactions,
we're actively planning to expand to other prominent blockchains like Ethereum,
Binance Smart Chain, and Polygon,” the FirstByt’s CEO and Co-Founder added.
However, the
move towards multi-chain compatibility is part of FirstByt's strategy to bridge
the gap between decentralized finance (DeFi) and traditional finance (TradFi).
“We're
aiming to introduce decentralized money management features alongside
traditional financial instruments like Forex, commodities, and Indices,
creating a comprehensive solution for both crypto-native traders and those
transitioning from traditional markets,” Gherbovet shared.
FirstByt's
white-label solution offers customization options for businesses. These include
user interface personalization, feature selection, and the ability to set
custom commission and fee structures. “Our goal is to provide businesses
with the flexibility to tailor the platform to their specific needs while
leveraging our robust technology,” Gherbovet added.
Security also
remains a priority for FirstByt. The platform incorporates multiple layers of
protection, including smart contract audits, decentralized custody, and
encryption measures to safeguard users and their assets.
The launch
of FirstByt's DEX solution comes at a time of growing competition between
decentralized and centralized exchanges. As the crypto industry places
increasing emphasis on security and transparency, DEXs are emerging as viable
alternatives to traditional centralized platforms.
Gherbovet is not the only former Admirals executive who decided to go independent this year. Previously, Bartosz Bielec, a market veteran with 20 years of experience, launched a new CFD business named Prime Quotes. Bielec had previously served as a long-time director and Board Member at Admirals and was also the Chief Commercial Officer at Alpari.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
