UKTN’s Post

Arbelos Markets, a crypto principal trading firm, emerged from stealth today with a $28 million seed round, drawing attention for its focus on institutional crypto derivatives. 🧠 Founded by industry veterans Joshua Lim and Shiliang Tang, the investment was led by Dragonfly Capital and included a diverse group of backers. Arbelos aims to address gaps in the market left by the crypto credit meltdown in 2022, providing transparency and liquidity in the crypto derivatives space. With plans to expand its team and offerings, Arbelos is positioned to serve sophisticated investors in the digital asset space. ↘ Learn more about Arbelos Markets: https://lnkd.in/gWvzcA6Z

Crossover Markets Raises $12M in Series A Funding Crossover Markets, a London, UK-based digital asset technology firm, raised $12M in Series A funding. The round was led by Illuminate Financial and DRW Venture Capital with participation from Flow Traders, Laser Digital, Two Sigma, Wintermute, and retail brokers such as Exness, Gate.io, GMO, Pepperstone, Trademax and Think Markets. It also announced the addition of new Board Members. Mark Beeston, Founder and Managing Partner of Illuminate Financial, will join Crossover’s board of directors along with Kevin Wolf, CFO at American Financial Exchange and former CEO of Euronext FX. The company intends to use the funds to invest in its team and technology, further strengthening its position in the market. Led by CEO Brandon Mulvihill, Crossover Markets is a digital asset trading technology firm focused on meeting liquidity requirements of institutions in the cryptocurrency markets. CROSSx, its execution only cryptocurrency Electronic Communication Network (ECN), is empowered by advanced matching engine and includes order logic that enables clients to choose with whom they want to trade. Crossover Markets recently reported over $3.15 billion (USD) in notional trading value, 415,450 trades, and over 141 billion quotes processed on CROSSx in Q1 2024. Source Finsme #fintech #fundraising #wealthmanagement

VC investment in crypto is on a steady rise, with the median deal size at a strong $3.6 million, according to the PitchBook Q1 2024 Crypto Report. Tom Schmidt, general partner at crypto venture fund Dragonfly, notes infrastructure projects continue to attract investment, “especially as the U.S. market becomes more institutional and people in the post-FTX world want separation between custody and execution.”   Read more about VC sentiment on crypto in our latest article:  https://lnkd.in/etmWambQ

Abra has acquired several private #cryptocurrencytrusts from Valkyrie Investments, including #Tron and Zilliqa trusts, just before settling with 25 #USstateregulators. This #acquisition marks a significant #expansion for Abra's offerings and opens new opportunities for #investors. #Cryptonews #Blockchainnews #cryptoInvestment #ValkyrieInvestments #Regulation #Zilliqa https://lnkd.in/dmenCKWA

MakerDAO announces an open $1 billion investment in tokenized treasury offerings #MakerDAO decision to invest $1 billion in tokenized U.S. Treasury products has ignited keen interest from major players in the crypto and financial sectors. BlackRock BUIDL, Superstate, and Ondo Finance are among the main contenders. This investment plan, announced during the ETHCC event in Brussels, aims to leverage tokenized #RWA and reshape the protocol's reserve strategy. 👉 https://lnkd.in/evuPKunv

FalconX in Talks to Acquire Crypto Derivatives Startup Arbelos - Bloomberg.com: Digital-asset trading and brokerage firm FalconX is in advanced talks to acquire Arbelos Markets, a derivatives startup launched in 2023 by a pair ...

🚀 FalconX acquires Arbelos Markets, strengthening its institutional crypto services! With expertise from top firms, this move aligns with FalconX's $1.5T+ trading legacy. CEO Raghu Yarlagadda sees it shaping the industry's future. 🌐✨#FalconX #CryptoNews #ArbelosMarkets #InstitutionalCrypto #DigitalAssets 🏦📊 https://lnkd.in/dWJXHVaq

🌐 Securitize, the industry leader in #tokenizing real-world assets, has proudly announced the successful completion of a $47 million #funding round led by BlackRock, a significant milestone in the evolution of capital markets. 🔍 This strategic investment underscores Securitize’s pioneering efforts in digitizing capital markets with blockchain technology. With BlackRock leading the way, alongside investors like Hamilton Lane, ParaFi Capital, and Tradeweb Markets, Securitize is poised for even greater innovation and expansion, solidifying its position as a global leader in the digital #asset securities ecosystem. 👔 Joseph Chalom, BlackRock’s Global Head of Strategic Ecosystem Partnerships, has been appointed to Securitize’s Board of Directors, bringing valuable expertise and insight to the team. This partnership marks a significant step forward in driving the adoption of blockchain #technology in traditional #finance. 📈 At Securitize, they believe in the transformative potential of #blockchain technology to reshape the future of finance. This investment will fuel their continued growth and expansion, enabling them to further innovate and meet the evolving needs of their clients. 🗣️ Carlos Domingo, Founder and CEO of Securitize, expressed his excitement about the partnership with BlackRock and other #investors, highlighting the transformative potential of tokenization in the capital markets. He emphasized the importance of collaboration in driving innovation and shaping the future of #finance. 💼 The funding round also coincides with the launch of BlackRock’s first tokenized fund issued on Ethereum, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). This groundbreaking fund, available to investors through Securitize, aims to offer stability and liquidity while leveraging the benefits of blockchain technology. 💡 Securitize will leverage the proceeds of the funding round to accelerate product #development, expand its global footprint, and strengthen its partnerships across the financial services #ecosystem. The company is poised to continue leading the way in bridging traditional #finance with the world of digital #assets. 🤝 With strategic investors like BlackRock, Hamilton Lane, ParaFi Capital, and Tradeweb Markets on board, Securitize is well-positioned to drive greater efficiency and accessibility across financial markets through tokenization. 🎉 Congratulations to the Securitize team for this major milestone, made possible by their dedication and commitment to innovation. Sources in comments:

MAJINX CAPITAL PRESENTS ITS TOP-NOTCH INVESTMENT: FOLKS FINANCE Folks Finance is a groundbreaking DeFi platform for lending, borrowing, trading, and managing digital assets. WHY DID WE INVEST IN IT? It’s a one-stop solution for earning yield on your assets by supplying liquidity to Folks Finance’s markets. This innovation was loved by the biggest players on the market, including Coinbase Ventures, OKX Ventures, Genesis, ParaFi Capital and Jump Crypto. WHY IS FOLKS FINANCE A BREAKTHROUGH PROJECT? Folks Finance is the most convenient platform on the market. Here you can lend, borrow, trade and manage digital assets with maximum comfort and minimum time. Moreover, the platform is very user friendly: here you can borrow and lend assets in the same loan.  All the repayments can be made at any time and with any collateral you choose. This is the #1 DeFi protocol on Algorand that is constantly improving its platform in accordance with users’ reviews. #MajinxCap_Cases

Introducing Persistence Capital. Persistence is a liquid fund investing in a small number of high quality, yet undervalued assets. Despite crypto being in a bull market, many venture funds are underwater. This is caused by the disproportionate amount of capital in the venture market driving in crazy valuations. When these tokens hit the public market there isn't enough capital to absorb the supply and price declines - eroding returns for investors. Persistence will seize on this asymmetry to capture venture-like returns without many of the risks of early-stage investing inc founder, execution, market, illiquidity + more. Our investments will centre around: - AI is Cryptos Killer Use-case - DePIN Business Models - Digital Commodities - Disintermediation and Real-world Cashflows