New York based digital asset brokerage startup has raised $16m in venture financing led by Founders Fund
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Peter Thiel-Backed Electronic Brokerage Firm Tagomi Launches
According to Chief Executive Officer of Tagomi, Jennifer Campbell, the company aims to ease the operational challenges related to trading digital assets. The company caters to clients that “require institutional operational standards.” As Cointelegraph reported in October, institutional investors replaced high net-worth individuals as the biggest buyers of cryptocurrency transactions over $100,000. A recent report from Diar states that institutional investors have shifted to over-the-counter (OTC) markets. Tagomi reportedly raised $16 million from such industry players as Peter Thiel’s Founders Fund that invests in technology companies, seed-stage investment fund SV Angel, private equity and venture capital firm Collaborative Fund, and others.
