May 8, 2024
Arbelos Markets, a principal liquidity provider in crypto derivatives markets based in New York City, has raised $28 million in a mix of seed equity and debt financing. The funding round was led by Dragonfly Capital with participation from Room40 Ventures, Selini Capital, Breed VC, FalconX, Circle Ventures, Paxos, P2 Ventures, Deribit, Chorus One, StarkWare, Immutable, and several angel investors. The funds will be used to enhance Arbelos’ quant trading infrastructure, hire new talent, and expand its market access and product range.
Project | Latest Raise | Latest Raise | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
Arbelos Markets | May 8, 2024 | $28M | Debt financing | $28M | Dragonfly Capital | DeFi |
Key Features:
Transparency: Real-time visibility of risk exposure.
Liquidity: Provides 24/7 liquidity across multiple markets.
Experience: Founded by industry veterans with deep market knowledge.
Scalable: Positioned for growth in the evolving crypto market.
Strategic Use of Funds:
Team Expansion: Hiring top talent to enhance operations and development.
Infrastructure Improvement: Further developing the quant trading infrastructure.
Market Access: Expanding into new markets and enhancing product offerings.
About Arbelos Markets
Founded in 2023 by Joshua Lim and Shiliang Tang, Arbelos Markets is a leading principal liquidity provider in the crypto derivatives market. The company operates with a proprietary Transparency Engine that offers real-time visibility and verifiability across its risk portfolio. Arbelos provides liquidity 24/7 across centralized markets, on-chain protocols, and bespoke hedging and yield generation solutions. In its first six months, Arbelos emerged as a top-five global liquidity provider in options block liquidity, with total derivatives trading volume exceeding $25 billion notional across various trading channels.
Website: https://arbelos.xyz/
Twitter Account: @Arbelosxyz
Twitter Followers today: 1.48k
Investor Profile:
Investor: Dragonfly Capital
Description: Dragonfly Capital is a prominent investment firm that supports innovative projects in the crypto and blockchain space. They focus on early-stage infrastructure projects and have a track record of backing transformative technologies.
Location: United States
Website: https://www.dragonfly.xyz/
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