Hashflow

Universal ZK Settlement Layer that makes any exchange Provable

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Hashflow Raises $25M Series A from Jump Crypto, Wintermute, and GSR

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Today, we’re thrilled to announce our Series A funding round, bringing Hashflow’s valuation to $400 million! The round included returning investors Electric Capital, Dragonfly Capital Partners, LedgerPrime, and Balaji Srinivasan, along with crypto-native new investors and market participants including Jump Crypto, Wintermute Trading, GSR, Kronos Research, and Altonomy. Other investors include Coinbase Ventures, Kraken Ventures, Fabric Ventures, Evernew Capital, Spacewhale Capital, and angel investors Meltem Demirors, Anthony Sassano, Tatiana Koffman, and Jason Choi.

This capital infusion will enable Hashflow to continue to offer the best decentralized trading experience yet, centered around its request-for-quote (RFQ) model which optimizes for seamless interoperability, guaranteed price execution, and MEV protection. This model also enables the trading of structured products and other asset classes previously considered impossible to trade on DeFi rails. As detailed on our 2022 roadmap, we plan to offer structured products on Hashflow in allowed jurisdictions later this year — we can’t wait to make this a reality!

“Our team is excited about Hashflow’s one-of-a-kind tech and its impressive growth, which has been achieved within a short window and on a lean budget. Varun and his team have identified a strong product-market fit that they can now capitalize on with great effect. Hashflow is well-positioned to scale its products and offerings to transform the entire DeFi space.”

- Kanav Kariya, President of Jump Crypto

This new raise gives Hashflow a strong capital position from which to continue to build and scale — regardless of market conditions. Maximizing liquidity for our users is our prime objective, and to be able to count the best VCs as well as the best market makers in crypto among our investors goes a long way in terms of delivering against that objective.

The best is yet to come. Follow Hashflow on Twitter for more exciting announcements coming soon, and join the #hashgang on Discord!

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Published in Hashflow

Universal ZK Settlement Layer that makes any exchange Provable

Written by Hashflow

Universal ZK Settlement Layer that makes any exchange Provable

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