Paris-based SheeldMarket raises €890K to facilitate crypto-currency trading in large volumes
Today French startup SheeldMarket, which aims to become the standard for cryptocurrency block trading, has announced closing a €890K round led by Draper Dragon and Axeleo Capital, followed by Kima Ventures, Acequia Capital and Charlie Songhurst.
The seed capital will support the startup’s international development, as well as finalise its filings with French regulators.
Jacques, the creator and manager of Credit Suisse’s Crossfinder, one of the largest cash equity dark pools in the world, joined the team when they returned to Paris.
That need is underserved today, and we believe that a dark venue like the one SheeldMarket is building can address it.
“We were immediately convinced by the team’s vision and their capacity to quickly position their technology in the crypto-currency market.
Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.
The highest five-year survival rate for new businesses is mining, at 51.3%.
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