Flowdesk has gained $ 102 million in fresh funds to expand digital asset trading and liquidity business, supported by HV Capital and a debt facility from Blackrock -operated funds.
“The funding of this funding marks an important moment for Flowdesk as we accelerate our expansion in the major global markets,” CEO Guilhem Chaumont said in an email to CoinDesk. “The institutional demand for market-making infrastructure is growing rapidly, and we are focusing on scaling our technology and services to meet that need.”
On one release, Flowdesk said it would use rotation proceeds to measure over-the-counter (OTC) derivatives business and launch a dedicated crypto credit desk while also doubling the headcount of the trading firm.
“Flowdesk has built one of the most stable global infrastructure for digital asset trading, with unmatched market connections, regulatory ranges, and a wide range of liquidity solutions,” Chaumont continued.
It also plans to expand in the Middle East, with the UAE the next potential hub. Flowdesk is known for making the resident bets when opening new offices; It expanded in the US during the height of Biden White House war in Crypto, A motion that seemed risk at that time But the payment of the company ended for the company.
Tokenization is also a major focus for flowdesk as institutional interests grow on on-chain assets.
The company has cooperated with the token providers to facilitate liquidity for tokenized properties and plans to expand its services to include stablecoins, tokenized securities, and money market funds.
“From one day, Flowdesk has been built in the vision that tokenization has redefined financial markets. In recent years, our work to token providers has been positioned us ahead of this change,” Chaumont said in an email.
Existing Flowdesk, Eurozeo, Cathay Innovation investors, and Isai, also participated in the twist.
