Flowdesk raises $50 million as CEO works to bridge the gap with TradFi: ‘Crypto needs to step up’

From Fortune Magazine:

Flowdesk, a 3-year-old startup, raised $50 million in funding for its crypto market-making as a service, led by Cathay Innovation. Société Générale and Grayscale recently named Flowdesk a market maker and liquidity provider, respectively. CEO Guilhem Chaumont said the company’s goal is to achieve regulatory compliance and transparency in every jurisdiction it operates in. Chaumont expressed confidence in the crypto industry’s future and plans to use the funds for expansion, tech investment, and team development.



Read more: Flowdesk raises $50 million as CEO works to bridge the gap with TradFi: ‘Crypto needs to step up’