Benjamin Bilski, the former CEO and founder of NAGA is preparing to launch a new cryptocurrency trading platform. Following his departure from NAGA after its acquisition by CAPEX.com, Bilski is now eying the opportunities in the crypto landscape.
Now, he believes he has identified a major inefficiency in the industry—one he claims could "change everything." His LinkedIn post suggested that the new platform would address structural issues in market-making and liquidity provision.
A Vision for Crypto Trading
“After years in crypto (since 2014), scaling companies from scratch to IPO, and executing large-scale projects, I took a step back to assess the imbalances and opportunities in the space. And I found something truly exciting, a loophole that changes everything, he wrote.
Crypto traders have long expressed frustration with the dominance of centralized order book systems, which allow market makers to exert significant influence over prices.
This issue was thrust into the spotlight recently when Binance took action against a market maker accused of price manipulation. Bilski’s project appears to be designed as an alternative to these traditional systems.
Although details remain scarce, Bilski outlined several core features of his new venture. He emphasized democratized liquidity pools, an independent blockchain optimized for scale, social investing elements, and an AI-driven ecosystem tailored for traders.
What the Project Entails
Additionally, he assured followers that this wasn’t just another collection of “buzzwords” but rather a genuinely innovative approach to crypto trading.
“In the past 18 months, I had the privilege of witnessing token launches with valuations reaching hundreds of millions, and even a billion dollars, traded by hundreds of thousands of people. The scale, speed, and impact were nothing short of epic.”
His post also served as an open call for investors, blockchain developers, and decentralized finance (DeFi) experts to join the initiative. While funding and an official launch timeline are yet to be confirmed, the project’s ambition has already caught the attention of the crypto community.
Bilski’s planned trading platform could introduce a fundamental shift by moving away from traditional centralized market-making models; it may offer traders a more transparent and efficient experience.
This article was written by Jared Kirui at www.financemagnates.com.
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