Wednesday, March 27, 2024
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Flowdesk Raises $30M to Expand Trading and Market-Making Services

French crypto financial services firm Flowdesk raised $30 million in a Series A funding round that was backed by crypto exchange Coinbase (COIN), crypto wallet firm Ledger, French investment company Eurazeo, Aglaé Ventures, French venture firm ISAI, Speedinvest, Fabric.vc and a handful of angel investors, the company announced Friday. Source

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Virtu Sees Crypto Market-Making Opportunity, Has Little Confidence in Incumbents, CEO Says

Citadel Securities approached New York-based Virtu, a high-frequency trading and market-making firm, on creating a crypto marketplace, according to Cifu. He sees room to collaborate in creating a platform that can scale, and one in which institutions have trust and want to participate should interest in crypto grow. Source

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