Hidden Road Partners, a Citadel-backed prime brokerage, is on track to raise $120 million as it eyes a roughly $1 billion valuation.
A Citadel Securities-backed prime brokerage is raising funds amid a run-up in cryptocurrency prices, Bloomberg reported Wednesday.
Hidden Road Partners is aiming to raise $120 million in a series B equity round as it eyes a roughly $1 billion valuation, the publication reported, citing people familiar with the matter. The startup provides prime brokerage services for foreign exchange and digital asset markets, among others. This latest raise is on track to bring in nearly three times the funds of the firm's last raise in 2022, Bloomberg reported.
Investments in crypto-focused companies have been on the upswing this year. According to The Block Deals Dashboard, last month's investments exceeded $1.4 billion, the highest monthly investment in crypto companies since September 2022. Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
The 2024 Hyundai Santa Fe Has Off-Road Looks and On-Road MannersIf you know anything about daily driving trucks... that's a good thing.
Weiterlesen »
South San Jose intersection near 101 reopens following major-injury crashThe solo-vehicle collision was reported Monday afternoon at Monterey Road and Metcalf Road.
Weiterlesen »
India's 'Citadel' Spin-Off Gets Full Title on New Poster With Varun DhawanShrishty is a decade-old journalist covering a variety of beats between politics to pop culture, but movies are her first love, which led her to study Film and TV Development at UCLAx. She lives and breathes cinema and sometimes wakes up with the close-up shot of Ryan Gosling&039;s hands playing piano in La La Land, in her head.
Weiterlesen »
It’s Complicated: How Jaeger-LeCoultre Became a Citadel of High Horology Under CEO Catherine RenierCatherine Renier leads JLC toward greater precision and more complications in 2024's watch collections just released in Geneva.
Weiterlesen »
‘Baby’ news hits 3 couples differently in Citadel productionCitadel Theatre presents “Baby” April 17-May 19 in Lake Forest.
Weiterlesen »
BlackRock names Citi, Citadel, Goldman Sachs as bitcoin buyers for its ETFCitadel, Citi, Goldman Sachs and UBS were revealed to be authorized participants of BlackRock's spot bitcoin ETF in a new regulatory filing. They join firms such as Jane Street Capital and JPMorgan.
Weiterlesen »