March 14, 2024
D2X Group, a Netherlands-based crypto derivatives trading platform, has raised $10 million in a Series A funding round led by Point72 Ventures. Additional participants in the funding round included GSR Markets, Tioga Capital, Fortino Capital, Jabre Capital Partners, Picus Capital, and TRGC. This funding follows the company's recent regulatory approval from the Dutch Authority for the Financial Markets (AFM) to operate in the Netherlands.
Project | Latest Raise | Latest Raise | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
D2X Group | Mar 14, 2024 | $10 | Series A | $16M | Point72 Ventures | Trading |
The platform is scheduled to launch in the second financial quarter of 2024. D2X Group is the first regulated crypto derivatives trading platform in the European Union to operate seven days a week and focus on serving institutional investors. The new license allows D2X to operate under the Markets in Crypto-Assets (MiCA) regulatory framework, which provides a comprehensive regulatory environment for digital assets in the EU.
This framework is set to be fully implemented by the end of this year. The funds will be used to establish D2X Group's presence in the European market and provide a secure, regulated platform for trading crypto derivatives. The company's goal is to offer a reliable trading environment that meets the needs of institutional investors seeking transparency and compliance in their trading activities. The approval from Dutch regulators and the significant investment reflect growing confidence in D2X Group’s capability to deliver a regulated trading platform.
About D2X Group:
D2X Group is a crypto derivatives trading platform headquartered in Amsterdam, Netherlands. The company aims to provide institutional investors with a regulated and reliable trading environment for crypto derivatives. By operating under the EU’s MiCA regulatory framework, D2X Group seeks to enhance transparency and security in the crypto trading space.
Website: https://d2x.com/
X Account: https://x.com/D2X_Official
X Followers today: 51
Investor: Point72 Ventures
Point72 Ventures is a venture capital firm that invests in early-stage technology companies. The firm supports projects within the blockchain and cryptocurrency sectors.
Location: Stamford, Connecticut, United States
Website: https://point72.com/
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