Arbelos Markets, a crypto derivatives platform, raised $28m in funding led by Dragonfly.

Crypto derivatives platform Arbelos Markets, co-founded by Joshua Lim and Shiliang Tang, raised $28m in a funding round led by Dragonfly. The platform aims to provide liquidity for institutional investors and serve as a counterparty for popular crypto products like options and futures, with a focus on derivatives and OTC trades. Arbelos has facilitated $25bn in notional trading volume since launch.

May 08, 2024
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