Blum was founded by Gleb Kostarev, Igor Pugachevsky, Vladimir Smerkis.

Who are Blum's investors?

Blum's investors include Wintermute, Binance Labs, gumi Cryptos Capital (gCC), OKX Ventures, Spartan Ventures, The Open Platform.

How much funding has Blum raised?

Blum has disclosed $5M raised across 1 round.

Where is Blum headquartered?

Blum is headquartered in Dubai, AE.

Blum

Dubai, AE · 8 known investors

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Blum offers crypto trading tools including perpetual futures trading (up to 100x leverage) inside Telegram, a memecoin launchpad, and a multi-chain trading terminal within one ecosystem. It serves retail crypto traders seeking to trade and launch tokens without chain switching or setup.

Crypto & Web3 Fintech

Founders & leadership

Gleb Kostarev Co-FounderGleb Kostarev previously held leadership roles at Binance managing general management, marketing, operations, and government relations across APAC, CIS, CEE, Turkey, and ANZ regions, where he oversaw multi-country team expansion and market launches.

Igor Pugachevsky Co-Founder & Head of Design2024–2026Igor Pugachevsky has spent over 15 years in digital product development and more than 8 years in cryptocurrency, having co-founded products that reached over 250 million users. He is the founder of Blum, a crypto trading platform offering perpetual futures trading, a memecoin launchpad, and multi-chain trading tools integrated within Telegram.

Vladimir SmerkisCo-Founder

Investors · 8

Wintermutelisted by WintermuteLondon

How we know: Wintermute's portfolio page · Not right? Tell us

Binance LabsreportedMalta · $100K – $5M

How we know: lucidityinsights.com · Not right? Tell us

gumi Cryptos Capital (gCC)reportedSan Mateo

How we know: funding news · lucidityinsights.com · the VCSheet dataset · Not right? Tell us

OKX VenturesreportedSingapore

How we know: funding news · lucidityinsights.com · Not right? Tell us

Spartan Venturesreported

How we know: lucidityinsights.com · Not right? Tell us

The Open Platformreported

How we know: lucidityinsights.com · Not right? Tell us

Also in the syndicate · 2

No Limit HoldingsYZi Labs

Funding

SEC filings, press & company announcements

$5M disclosed across 1 round · 2025

$5MraisedFeb 2025 · 3 sources
gumi Cryptos Capital (lead), Binance Labs, No Limit Holdings, OKX Ventures, Spartan, The Open Platform (TOP), YZi Labs
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Frequently asked questions

What does Blum do?: Blum offers crypto trading tools including perpetual futures trading (up to 100x leverage) inside Telegram, a memecoin launchpad, and a multi-chain trading terminal within one ecosystem. It serves retail crypto traders seeking to trade and launch tokens without chain switching or setup.
Who founded Blum?: Blum was founded by Gleb Kostarev, Igor Pugachevsky, Vladimir Smerkis.
Who are Blum's investors?: Blum's investors include Wintermute, Binance Labs, gumi Cryptos Capital (gCC), OKX Ventures, Spartan Ventures, The Open Platform.
How much funding has Blum raised?: Blum has disclosed $5M raised across 1 round.
Where is Blum headquartered?: Blum is headquartered in Dubai, AE.