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Blum was co-founded in 2024 by Gleb Kostarev, who serves as CEO, and Vladimir Smerkis, the CMO. Both individuals previously held executive positions at a major global exchange. Kostarev oversaw Eastern European and CIS operations while Smerkis managed regional growth strategies. The technical team also includes Degenie, who is the VP of Product and was formerly Head of Design at significant blockchain infrastructure projects. His experience ensures that the platform’s user experience and interface are not only aesthetically pleasing but also functionally effective.
The experience of the leadership team in scaling cryptocurrency platforms in regulated markets has become a crucial asset. Kostarev noted, “Our vision bridges institutional-grade security with consumer-friendly accessibility—eliminating compromises between self-custody and performance.” The team’s background in high-frequency trading systems further informs Blum's low-latency execution engine, providing users a superior trading experience.
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