Flowdesk, a full-service digital asset trading technology firm announces its $50 million Series B, led by Cathay Innovation along with the participation of Cathay Ledger Fund, Eurazeo, ISAI, Speedinvest, BPI and Ripple.
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Primary focuses will be investing in strategic hires, broadening their over-the-counter (OTC) offering and Market-Making services, securing regulatory licenses in Singapore and the US, and expanding into key financial hubs.
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“This raise highlights the significance of Flowdesk as the emerging industry standard for market-making and over-the-counter (OTC) services, offering sustainable and compliant liquidity solutions for token issuers and institutions. In a landscape marked by regulatory uncertainties, volatility, and multiple industry-wide setbacks, liquidity has remained scarce. Flowdesk’s full suite of services aims to revolutionize this landscape, offering scalable, risk-adjusted, and capital-efficient solutions.” says Guilhem Chaumont, CEO and Co-Founder of Flowdesk.
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The funds raised will be used to consolidate their position as a leading market-making service provider and expand their OTC offering. In addition, Flowdesk plans to expand regulatory coverage in Singapore and in the US. The raise will also be invested into expanding offices in financial hubs and key hires, like Charles Tighe, CFO who will help Flowdesk roll out their development plan.
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“We are proud to champion Flowdesk and very excited to support them to further accelerate their growth and international development. Through their innovative SaaS model, Flowdesk has consistently demonstrated impressive performance over the last three years. Our investment extends beyond capital, foresting a collaborative journey with our long-standing Cathay ecosystem to shape the future of financial markets”, adds Jacky Abitbol, Managing Partner at Cathay Innovation.
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“Flowdesk’s execution and achievements since Series A have been extremely impressive in all market conditions. Therefore, we decided to double down and renew our support for Guilhem and his team” said Thomas Turelier, VC at Eurazeo, Series A lead investor.
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About Flowdesk
Flowdesk is a full service digital asset trading technology firm that offers market making, OTC and treasury management. They have set the standards for Market Making as a Service (MMaaS). MMaaS offers a new approach to managing liquidity on secondary markets. Crypto projects, exchanges and institutions can manage their own liquidity using Flowdesk’s MMaaS infrastructure and its trading team’s global coverage.
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