Flowdesk Raises $50M in Series B Funding to Expand OTC Offering and Regulatory Coverage in Singapore and US
Paris-based digital asset trading technology company, Flowdesk, has raised $50 million in Series B funding led by Cathay Innovation and including participation from Cathay Ledger Fund, Eurazeo, ISAI, Speedinvest, BPI, and Ripple. The funds will be used to expand its OTC offering, regulatory coverage in Singapore and the US, open offices in financial hubs, and make key hires. Flowdesk offers market making, OTC, and treasury management solutions to crypto projects, exchanges, and institutions through its Market Making as a Service (MMaaS) product.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana-based social graph protocol Tapestry raises $5.75 million in Series A funding
Tapestry raised $5.75 million in a Series A round co-led by Union Square Ventures and Fabric Ventures.Tapestry is a Solana-based social graph protocol designed to create an ecosystem of applications with social features.
The Daily: Trump 'receptive' to an 'America-first' crypto reserve, XRP hits new all-time high and more
President-elect Donald Trump is open to creating an “America-first” crypto reserve prioritizing U.S.-based coins like USDC, SOL and XRP, the New York Post reported, citing sources familiar with the matter.XRP hit a new all-time high of around $3.39 via major crypto exchanges on Thursday for the first time since January 2018, following a 16% surge in 24 hours and a 455% rise over the past quarter.A Litecoin ETF is the “most likely” next spot crypto ETF to be approved in the U.S., according to Bloomberg anal
Ripple CEO Says SEC's Opening Brief Is 'Definition of Insanity'
BTC breaks through $99,000
Trending news
MoreCrypto prices
More
