Hidden Road, a lending and brokerage platform for institutional investors, has closed its $50 million Series A funding round led by Castle Island Ventures.
Investments were also provided by Citadel Securities, FTX Ventures, Uncorrelated Ventures, Greycroft, XBTO Humla Ventures, Wintermute, SLN Capital, Profluent Trading, Coinbase Ventures and Corner Capital.
s“The Secret Path resolves many of the issues in credit brokerage and prime brokerage associated with legacy technology, legacy workflows, and conflicts of interest.” – says the press release.
Developed by the startup, the platform provides real-time risk management and seamless lending across products and asset classes.
The Hidden Road series includes primary brokerage, clearing and financing using traditional and digital assets.
Recall that Unizen, positioning itself as a CeDeFi exchange based on the BNB Chain, agreed to raise $200 million from Global Emerging Markets (GEM) to develop the ecosystem.
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