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.

Benjamin Bilski, the former CEO and founder of NAGA, is set to launch a new cryptocurrency trading platform.

After stepping down from his role at NAGA following its acquisition by CAPEX.com earlier this year, Bilski has set his sights on the opportunities in the crypto industry.

Now, he believes he has identified a major inefficiency in the industry—one he claims could “change everything.”

Bilski's LinkedIn post suggests that the new platform will 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 highlighted several core components of his new venture. He mentioned democratized liquidity pools, an independent blockchain optimized for scale, social investing elements, and an AI-driven ecosystem tailored for traders.

Moreover, he assured followers that this wasn't just another collection of "buzzwords" but rather a genuinely new way to trade crypto.

“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 invitation 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 generated buzz among members of the crypto community.

Bilski's planned trading platform could usher in a significant shift by moving away from traditional centralized market-making models, potentially offering traders a more transparent and efficient experience.