August 21, 2024
Thalex, a trading platform specializing in stablecoin-settled crypto options and futures, secured €3 million in Series A funding from strategic investors. Established in 2020, Thalex offers a platform for stablecoin-settled options, futures, and perpetuals. Its innovative approach, which simplifies complex trades and enhances user experience, has attracted significant investors such as Bitfinex, Bitstamp, Flow Traders, IMC, and Wintermute.
Project | Latest Raise | Latest Raise Date | Stage | Total Raise | Category |
|---|---|---|---|---|---|
Thalex | €3M | August 21, 2024 | Series A | €3M | Trading |
Since its launch in 2023, the platform has handled $1.5 billion in trading volume, mainly from institutional clients.
As the crypto options market evolves, especially in the politically charged climate of Q4 2024, traders are increasingly using options not only for hedging but also to express views on market volatility. Thalex’s unique offerings, including linear options, daily-settled futures, and perpetuals in USDT, meet this growing demand with support for multi-asset collateral and native combination trades.
Hendrik Ghys, Co-Founder and CEO of Thalex, stated that they built Thalex with the belief that options, futures, and perpetuals are complementary and anticipate significant volume growth across these contracts. They are close to achieving the customer experience they envisioned and aim to provide a seamless trading experience.
About Thalex
Thalex is a trading platform where you can trade cryptocurrency options, futures, and perpetuals. It uses stablecoins for settlements, making it easier to manage trades. The platform supports multiple types of collateral and offers features like portfolio margin and market maker incentives. Launched in 2023, Thalex has already processed a significant amount of trading volume, mainly from institutional clients.
Website: https://thalex.com/
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.
Comments