Singapore based cryptocurrency trading desk raised $7m in Series Seed financing led by Polychain Capital.
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Altonomy raises $7 million
“As a liquidity provider for altcoins, more funding will allow us to have more inventory, taking larger exposure and managing risk more effectively,” said co-founder Ricky Li. “We don’t need to put constraints on our clients at settlement. This enables us to serve more clients, better.” “We are proud of our ability to source liquidity for customers, regardless of token type, order size, market cap, or whether the asset trades on centralized or decentralized exchanges,” added Li.
