Hashflow: Raises $3.2M in Seed Funding

  • Hashflow, a Santa Monica, Calif.-based decentralized exchange connecting DeFi traders with top crypto market makers, closed a seed funding round of $3.2m
  • The company also intends to use the funds to expand its development efforts
  • Hashflow connects DeFi traders with top crypto market makers
  • Using it, traders can receive price quotes directly from market markers and broadcast trades on-chain using Web3 wallets
  • For market makers, Hashflow provides access to the expanding DeFi market while allowing full control over their inventory and pricing strategies
  • The platform launched its closed private alpha product this week, with market makers offering price quotes to traders on Ethereum mainnet
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

UK Banks Reject Opportunity to Lift £100 Contactless Limit

Major UK banks choose not to increase contactless payment thresholds.Highlights: UK banks will not raise the £100 contactless...

Crypto.com Cuts 12% of Workforce Amid AI Shift

The company streamlines operations in response to evolving market dynamics.Highlights: Crypto.com reduces workforce by 12%Focus shifts to AI...

Tide Strengthens Leadership with PPRO CTO Appointment

The fintech company welcomes a new chief technology officer to enhance its team.Highlights: Tide appoints ex-PPRO CTO to...

Visa Overcomes Legacy Issues with Unified API for Intelligent Authorization

New API aims to streamline payment processes and enhance security features.Highlights: Visa launches a unified API to improve...