January 24, 2025
SignalPlus, a company specializing in software solutions for crypto derivatives trading, has finalized an $11 million Series B funding round. The round was spearheaded by AppWorks and OKX Ventures, with Avenir Group and HashKey also participating. The funding will enable the company to broaden its global footprint, enhance its product offerings, and bolster its operational capacity.
Since its establishment in 2021, SignalPlus has focused on delivering institutional-grade tools for the digital asset space. Its flagship products, QuantLab and the Trading Terminal, provide users with analytics, execution algorithms, and risk management capabilities. These solutions are utilized by major exchanges, including Binance, Bybit, Deribit, OKX, and Paradigm. By integrating its products across prominent trading platforms, SignalPlus has solidified its presence in the crypto derivatives sector.
The newly acquired capital will support SignalPlus in scaling its product suite, targeting quantitative trading and proprietary risk management tools. It will also facilitate the company’s expansion into new markets and regions through increased staffing and business development initiatives. SignalPlus has emphasized its commitment to operational excellence, leveraging a highly skilled workforce with a strong focus on technical expertise.
About SignalPlus
SignalPlus is a technology company specializing in trading software for the digital asset market. Its platform offers solutions for pricing, analytics, execution, and market-making, tailored to both institutional and retail traders. Based in Singapore, the company aims to improve accessibility and functionality in crypto derivatives trading.
Website: https://www.signalplus.com/
X: @SignalPlus_Web3
About Investors
AppWorks
AppWorks, founded in 2009, is a venture capital firm and accelerator supporting startups across Southeast Asia. The firm focuses on technology-driven ventures, helping founders scale their businesses through mentorship, funding, and a robust ecosystem.
Location: Taiwan
Website: https://appworks.tw/
OKX Ventures
OKX Ventures is the investment arm of OKX, dedicated to supporting blockchain-related projects and fostering innovation in the cryptocurrency industry. The firm aims to back transformative ideas and technologies within the global blockchain ecosystem.
Location: Singapore, Singapore
Website: https://www.okx.com/ventures
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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