Otynex raised $7 million from goldman sachs and other investors

by
Crypto Regulation
DCG and Barry Silbert hit with securities lawsuit 

OtynEx closed a $7 million Series A funding round led by Goldman Sachs and Dawn Capital.

Barclays, BlockFi Ventures, Chimera Ventures, CommerzVentures, Digital Currency Group, Flow Traders and Galaxy Digital Ventures also participated in the round.

The firm will use the proceeds to expand its product line and expand internationally.

OtynEx has developed an institutional investor-focused platform for accessing the digital asset market - from connecting to various trading venues via APIs to execution, reporting and analytics.

Earlier, OtynEx agreed with Bloomberg to "strategically integrate" the crypto platform into the news agency's order management system.

Read more about

Martyn Landi

Martyn Landi is a savvy blockchain content writer with about 5 years of experience. He helps crypto brands gain visibility by creating content with a tone, voice, and style that aligns with their vision and goals. When he is not writing or tweeting about cryptocurrencies, NFTs, web3, or metaverse, he is either cycling, watching movies, or reading other content.