Hidden Road, a global credit network, announced Thursday that it has completed a $ 50 million Series A round led by Castle Island Ventures.
according to press release, Citadel Securities, FTX Ventures, Uncorrelated Ventures, Greycroft, XBTO Humla Ventures, Wintermute, SLN Capital, Profluent Trading, Coinbase Ventures, Corner Capital and other investors participated in the funding round. Michael Higgins is the company’s director and former FXCM senior executive.
Across venues, products and asset classes, Hidden Road’s quantitative platform provides real-time risk management and seamless credit. For both traditional and digital assets, the company offers prime brokerage, clearing, and finance services.
“Hidden Road solves many of today’s problems in credit brokerage and prime brokerage caused by legacy technology, archaic workflows, and conflicts of interest. Some of these problems have fragmented institutional investors. It can be difficult to get the credit and funding needed to trade efficiently between global markets, “the company said in a statement.
Finance Magnate I approached Michael Higgins for comment on funding. I will update this article with comments accordingly.
Recent funding round
Bloom recently announced that it has secured 300 million in a Series A investment round in a recent funding round announcement on its revenue-based funding platform in the FinTech space. Led by funds managed by Credo and Fortress Investment Group LLC, this funding will help Bloom fulfill its mission to provide support to digital entrepreneurs in Europe.
As part of the above transaction, Credo’s co-ownership partner Christopher Daily will join the company’s board of directors. In addition, he plays an important role in the expansion of bloom across different regions. Hixson is an experienced FinTech executive. Throughout his broad career, he has worked for Morgan Stanley for over 15 years and has played a variety of roles, including Executive Director of Technology Business Development.
Hidden Road, a global credit network, announced Thursday that it has completed a $ 50 million Series A round led by Castle Island Ventures.
according to press release, Citadel Securities, FTX Ventures, Uncorrelated Ventures, Greycroft, XBTO Humla Ventures, Wintermute, SLN Capital, Profluent Trading, Coinbase Ventures, Corner Capital and other investors participated in the funding round. Michael Higgins is the company’s director and former FXCM senior executive.
Across venues, products and asset classes, Hidden Road’s quantitative platform provides real-time risk management and seamless credit. For both traditional and digital assets, the company offers prime brokerage, clearing, and finance services.
“Hidden Road solves many of today’s problems in credit brokerage and prime brokerage caused by legacy technology, archaic workflows, and conflicts of interest. Some of these problems have fragmented institutional investors. It can be difficult to get the credit and funding needed to trade efficiently between global markets, “the company said in a statement.
Finance Magnate I approached Michael Higgins for comment on funding. I will update this article with comments accordingly.
Recent funding round
Bloom recently announced that it has secured 300 million in a Series A investment round in a recent funding round announcement on its revenue-based funding platform in the FinTech space. Led by funds managed by Credo and Fortress Investment Group LLC, this funding will help Bloom fulfill its mission to provide support to digital entrepreneurs in Europe.
As part of the above transaction, Credo’s co-ownership partner Christopher Daily will join the company’s board of directors. In addition, he plays an important role in the expansion of bloom across different regions. Hixson is an experienced FinTech executive. Throughout his broad career, he has worked for Morgan Stanley for over 15 years and has played a variety of roles, including Executive Director of Technology Business Development.