Liquidity provider for CME and Huobi raises $7M from Polychain Capital

Quick Take
Altonomy, a Singapore-based market maker, just raised a $7 million seed round led by Polychain Capital
The firm provides liquidity for both spot and derivatives exchanges like Huobi and CME, and it is aiming to attract more institutional traders
Facing competition from Wall Street giants like Fidelity and JPMorgan, Altonomy is betting on its wide array of cryptocurrency offerings and expansive network to give it an edge

A market maker for CME and Huobi just closed a $7 million seed round led by Polychain Capital, aiming to address the growing demand for cryptocurrency liquidity from institutional traders.

Altonomy, a…

What do you think?

0 points
Upvote Downvote

Cardano CEO: I’m Retiring My Twitter Account For Awhile

Verbal Intervention from US Treasury Whacks CD Crypto Indices