By Zoran Temelkov June, 2022
The French crypto-asset trading platform Flowdesk raises $30 million or €28 million through a Series A funding round. The round was led by Eurazeo and Aglae Ventures with the participation of 15 firms and more than 20 angel investors. The crypto exchange Coinbase, crypto wallet company Ledger and Speedinvest are some of the firms that participated in the investment round.
Flow desk plans to use the newly acquired funds to support its potential expansion in North America, Europe, and Asia. The company will build its Market-Making-as-a-Service (Mama’s) trading infrastructure.
Founded in 2016, Flowdesk’s trading infrastructure enables interconnection of more than 60 crypto exchange platforms. The technology utilized by Flowdesk offers services such as asset management, custody, brokerage, and market-making.