Crypto Principal Trader Arbelos Markets Raises $28M Led by Dragonfly Capital
Summary
Arbelos Markets, a crypto trading firm, raised $28 million in a funding round led by Dragonfly Capital. Other investors include Room40 Ventures, Selini Capital, and corporate partners like FalconX and Circle Ventures. The company aims to address the lack of transparency in the crypto industry and provide liquidity and hedging for sophisticated investors. Arbelos plans to use the funds to expand its team, access new markets, and offer more structured products.
