Crypto-trading software builder SignalPlus secures $11 million in series B funding
Quick Take The Asia-based crypto derivatives trading software tech firm plans to use the newly raised capital to expand its global presence. The latest funding round was led by AppWorks and OKX Ventures.
SignalPlus, an Asia-based crypto trading software service provider, has secured $11 million in its series B financing round as it aims to expand globally.
The company said in a Friday announcement that the funding round was led by AppWorks and OKX Ventures, with participation from Avenir Group and HashKey.
Founded in 2021, SignalPlus provides institutional-grade trading tools in the crypto space, enabling users to navigate the trading of crypto derivatives. Its products include QuantLab and the Trading Terminal. Its products are used by exchanges and trading firms such as Binance, Bybit, Deribit, OKX and Paradigm.
“Building on our momentum and with the support of our investors, SignalPlus is poised to enter the new year as a key player in driving the continued evolution and institutionalization of crypto derivatives,” said Chris Yu, co-founder and CEO of SignalPlus.
With the newly raised capital, the company plans to expand its product suite across quantitative trading and proprietary risk management. It also intends to expand its global presence with additional staffing, according to its statement.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
[Initial Listing] Bitget Will List Datagram (DGRAM) in the Innovation and DePIN Zone
Bitget Spot Margin Announcement on Suspension of L3/USDT, ULTI/USDT Margin Trading Services
Bitget PoolX is listing Planck (PLANCK): Lock BTC to get PLANCK airdrop
Bitget x PLANCK Carnival: Grab a share of 1,880,000 PLANCK!
