THELOGICALINDIAN - 23 June 2024 Singapore Sparrow the arch options trading belvedere has anchored USD 35 actor in Series A allotment to advance belvedere development
The annular was led by the HDR Group, buyer and abettor of BitMEX, and accurate by Signum Capital, Du Capital and FinLab EOS VC.
Kenneth Yeo, CEO of Sparrow said, “We are absolutely admiring that the annular accustomed able abutment admitting the acrid bread-and-butter altitude acquired by COVID-19. The able absorption from investors validates our appearance that agenda asset options will be the abutting high-growth market.”
“We would like to acknowledge our ally and users for their cutting support. Volumes accept tripled back the alpha of the year. With this annular of funding, we are in a acceptable position to accompany alike added agitative trading articles to the market.”
Arthur Hayes, CEO of the HDR Group, said, “We are seeing cogent advance in the agenda asset options amplitude with a lot of beginning opportunities. We are aflame by Sparrow’s advance potential, the aggregation abaft it and are accordingly appreciative to be arch this Series A round.”
Stefan Schuetze, Managing Director of FinLab EOS VC Fund, said, “We are aflame to advance in Sparrow, which is developing the abutting bearing of banking articles by leveraging EOSIO for their on-chain adjustment layer.”
Kenneth added, “Since ablution in June 2024, we accept apparent aberrant advance with over USD 150 actor in options trading volume. We are appreciative of how far we’ve appear and attending advanced to introducing added avant-garde articles to the crypto derivatives market.”
About Sparrow
Sparrow | www.sparrowexchange.com is the arch options trading platform, accouterment the simplest way to ascendancy accident and monetize your agenda assets.
Headquartered in Singapore, Sparrow offers BTC and ETH options that are acclimatized by acute contracts. Sparrow’s proprietary belvedere is attainable through a simplified interface, avant-garde adjustment book, or trading APIs.
About HDR Group
HDR Group is controlled by Republic of Seychelles-incorporated HDR Global Trading Limited, a banking casework business that operates the BitMEX crypto-products trading platform. Through BitMEX, HDR Global offers a best-in-class trading interface and apartment of banking products, including bitcoin futures affairs and abiding swaps.
About Signum Capital
Signum Capital is an advance close based out of Singapore. Signum’s portfolio comprises of both disinterestedness and agenda assets in the blockchain space, with a assorted advance access alignment from exchanges, basement projects to mining farms.
About Du Capital
Du Capital is a Singapore-based multi-stage advance close abetment companies and entrepreneurs that adventure in avant-garde technologies such as the broadcast balance technologies (DLT).
About Block.one and EOS VC
Block.one’s EOS VC affairs offers developers and entrepreneurs the allotment they charge to actualize community-driven businesses leveraging EOSIO. It makes absolute investments and provides abutment to companies architecture on EOSIO software through its adventure basic affiliation funds. For added information, amuse appointment Block.one and vc.eos.io.
About FinLab AG
The listed FinLab AG (WKN 121806 / ISIN DE0001218063 / ticker symbol: A7A) is one of the aboriginal and better investors in banking casework technologies (“fintech”) and blockchain in Europe. FinLab focuses on accouterment adventure basic to start-ups. It strives to actively and in the abiding abutment its investments. In accomplishing so, FinLab supports its investments in their corresponding development phases with their arrangement and know-how. In addition, FinLab acts as an asset administrator and manages assets in the three-digit actor range.
Contact Email Address
[email protected]
Supporting Link
https://sparrowexchange.com/
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