March 30, 2024
Arrow Markets, a decentralized trading platform specializing in crypto, forex, and commodities, has successfully secured $4 million in Series-A funding. This round enhances the platform's valuation to $75 million and was led by Framework Ventures and Delphi Ventures, with participation from the Avalanche Blizzard ecosystem fund. The investment highlights strong market confidence in Arrow Markets' approach to the DeFi options market.
Project | Latest Raise Date | Latest Raise | Stage | Total Raise | Category |
|---|---|---|---|---|---|
Arrow Markets | March 30, 2024 | $4M | Series A | $5.4M | Trading |
Operating from the British Virgin Islands, Arrow Markets has introduced a Request-for-Execution (RFE) system on Avalanche’s C-chain. This system surpasses traditional request-for-quote (RFQ) systems by enhancing price efficiency and user experience. This innovation positions Arrow as a leading choice for retail options traders seeking competitive pricing and a user experience comparable to centralized exchanges.
The platform has rapidly gained traction, showcasing a $38 billion monthly trading volume in bitcoin options across major crypto derivatives exchanges last year. Its unique RFE system effectively manages trades and quotes, catering to novice and experienced traders.
Arrow Markets also emphasizes educational efforts to boost traders' confidence, featuring a testnet where users can practice strategies without financial risk. This educational component is part of Arrow’s broader strategy to democratize access to complex financial instruments.
About Arrow Markets
Arrow Markets leverages blockchain technology to provide a decentralized trading platform that offers a range of trading options with up to 1,000x leverage. Its mission is to make advanced trading accessible through a user-friendly interface that rivals traditional financial services platforms.
About Framework Ventures:
Website: https://www.arrow.markets/
X Account: https://x.com/ArrowMarkets
X Followers today: 47,047
X Followers 30 days ago: 47,357
X Follower change: -310 (-0.65%)
About Investor
Investor: Framework Ventures
Based in Palo Alto, California, Framework Ventures is a venture capital firm focused on building the future of blockchain and decentralized technologies. With a commitment to fostering innovation, Framework Ventures supports startups that push the boundaries of blockchain technology.
Location: United States
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