Decentralized commerce platform Hashflow has closed its $25 million Series A funding round. Company valuation reached $400 million.
Participants of the investment round were Coinbase Ventures, Kraken Ventures, Electric Capital, Dragonfly Capital Partners, LedgerPrime, Jump Crypto, Wintermute Trading, GSR, Kronos Research, Altonomy, Fabric Ventures, Evernew Capital and others.
The funds raised will be used to “continue scaling regardless of market conditions”.
Founded in 2021, Hasfhlow plans to launch on the Solana blockchain and offer structured products before the end of 2022.
Recall that in July, Thalex cryptocurrency derivatives exchange closed a $7.64 million Series A funding round.
Previously, Indonesia-based digital asset trading platform Pintu raised $113 million.
In May, Streamy, the operator of South Korean crypto exchange Gopax, closed its 30 billion won (~$23.7 million) Series B funding round.
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Source: Fork Log
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