RATE Group | Trading platform skew raises $5m
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Trading platform skew raises $5m

29 Apr Trading platform skew raises $5m

Posted at 16:33h in Cryptocurrency News by

Skew, a data analytics platform for cryptocurrency markets, has today announced the launch of skewTrading to provide its institutional users with access to liquidity across crypto capital markets, and a $5m funding round.

The new funding round was led by Octopus Ventures, a London-based £1.2bln venture fund with deep fintech expertise. Skew has raised $7mln in funding since its inception.

The funds will be used to expand further its London-based engineering team and strengthen its distribution capabilities.

skewTrading is a new trade execution and electronic brokerage platform, connecting institutional investors with liquidity providers across listed and over-the-counter (OTC) products, ranging from spot to futures and options.

The platform leverages existing innovative clearing and settlement infrastructure to provide a truly superior experience mitigating credit risk.

skew’s CEO Emmanuel Goh comments: “The industry remains in its infancy with the “institutional moment” for…

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