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Arbelos Markets raises $28m in Seed funding

British Virgins Islands based crypto derivatives liquidity company raised $28m in Seed funding led by Dragonfly Capital.

"With crypto assuming its role as an investable asset class in macro portfolio allocations, it needs a new type of capital markets firm: a smart principal risk-taker with a strong balance sheet and a flexible product set to underwrite the fast-moving crossover risk between the underlying technology and the financial markets built on top."

Tags

defi, seed, financings