A strong mix of crypto institutional and native investors participated in the Series A and Seed rounds, including HashKey Capital (Series A lead), GBV Capital (Seed round lead), Stratified Capital (advisor), Incuba Alpha, Chiron Partners, Paradigm Co, SNZ Holding, and Baboon.VC, with over $12M raised in aggregate. The Company is looking to develop an enterprise-level solution to bridge the immense infrastructure gap that currently exists in both CeFI and DeFI option platforms.
The crypto options space has been severely underdeveloped versus the impressive growth in listed linear derivatives, with subpar liquidity and volume over-concentration in a mere handful of platforms. While institutional and professional investor demand for option structures are prevalent, there is a visible lack of progress from the community to build an open, standardized, and user-centric application solution that caters to the option trader without a quality compromise. The Company is looking to fix this shortcoming with a technology stack that centers around a Wall-Street caliber options trading dashboard, with a full suite of modular and powerful toolkits wrapped around a user-centric interface. Furthermore, the platform's open API services will allow for user subscriptions into an advanced suite of functions including automated option market making, dynamic delta hedging, and structured products pricing.
SignalPlus' long-term goal is to demystify and lower the substantial entry barriers for...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...