FRANCE – Flowdesk, a Paris, France-based full-service digital asset trading technology company, raised $50m in Series B funding.
The round was led by Cathay Innovation with participation from Cathay Ledger Fund, Eurazeo, ISAI, Speedinvest, BPI and Ripple. The company intends to use the funds to consolidate the position as a service provider, as well as to expand its OTC offering, its regulatory coverage in Singapore and in the US, opening offices in financial hubs and making key hires.Led by Guilhem Chaumont, CEO and Co-Founder, Flowdesk is a full service digital asset trading technology firm that offers market making, OTC and treasury management solutions to crypto projects, exchanges and institutions. Its Market Making as a Service (MMaaS) is a product that lets token issuers utilize the company’s low-latency trading infrastructure and global team for liquidity provision while keeping full control of their treasury. Founded in 2020, Flowdesk is based in Paris with offices in Singapore and North America. 21/01/2024
