New York based one-stop prime brokerage and execution system for institutional crypto traders has raised $12m in additional funding led by crypto venture fund Paradigm
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Crypto Brokerage Tagomi Gets $12 Million in Second Funding Round
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“It’s really important to them to have control over how they trade and to have anonymity,” she said. Tusar said the digital-currency market is reminiscent of the early 2000s when the stock market was shifting to electronic trading. More transparency and competition are bringing costs down in the $132 billion cryptocurrency market, and investors are gaining more control. “It reminds me of the time when Nasdaq was transitioning from a dealer market,” Tusar said. “The world had transitioned to an agency model.”
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