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BridgePort Raises $3.2 Million to Scale its Middleware for Off-Exchange Settlement

  • BridgePort has raised $3.2 million in total funding to accelerate platform development and expand its team.
  • The seed round was led by Further Ventures and supported by industry leaders like Virtu and XBTO.
  • BridgePort provides a middleware to streamline capital allocation and post-trade processes in the institutional crypto market.
  • The platform is now live in production on AWS and focuses on enhancing collateral management and pre-trade credit capabilities.

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