Reported Financial Times, retirement plans including that of US defence contractor Lockheed Martin are among the backers of crypto prime broker Hidden Road.
London-based Hidden Road, which last year raised a $50mn equity investment from Ken Griffin’s Citadel Securities and exchange Coinbase among others, has emerged as a crucial player in bridging the gap between traditional investors and digital assets.
A crypto prime brokerage helps traders in the cryptocurrency market by providing them with leverage, similar to what traditional prime brokers do in stock markets. These brokerages extend credit to various clients like hedge funds to amplify their trading bets.
Stay updated with the most important cryptocurrency news and valuable insights, conveniently delivered to your email every day. Subscribe to the TokenInsight mailing list now!
Prefer social media? Follow us on Twitter, or subscribe to our Telegram channel!
If you have news reports or announcements that you want to reach a wider audience, feel free to email us at news@tokeninsight.com
Fund Raising
