Flowdesk, a digital asset trading and technology firm, has closed a $102m financing round.
The round included equity financing from HV Capital, existing investors Eurazeo, Cathay Innovation, and ISAI, as well as a debt facility from funds managed by BlackRock.
The additional capital will strengthen Flowdesk's position in the crypto industry and support global expansion to meet increasing demand for liquidity provision and OTC trading services.
Flowdesk aims to become a liquidity provider for digital assets, ETFs, and tokenization, and has plans to scale its OTC derivatives business, launch a crypto credit desk, and invest in compliance and legal support.