LXDX, a Sliema, Malta-based provider of a platform to enable cryptocurrency trading, raised funding from Dymon Asia Venture Capital Fund LP.
The amount of the deal was not disclosed.
Launched in early 2018 and led by Joshua Greenwald, CEO, Will Roman, COO, Steven Thomas, CTO, and John Hazen, CFO, formerly of SpaceX and founder of Greenlight Trading, a trading outfit based in Chicago, LXDX offers full-spectrum technology services for cryptocurrency exchanges, including software that powers both public retail exchanges and private exchanges for institutional block trading.
The company is working with Dymon Asia Ventures to broaden its reach and strengthen its technology offerings. In addition to Dymon Asia Ventures, advisors include cryptocurrency investor and author Arianna Simpson, Justin Litchfield of Prochain Capital, and Alex Disney, formerly of Cumberland Mining. Legal representation includes DLA Piper, Masur Griffitts +, and DF Advocates.
Dymon Asia Ventures is the venture capital arm of Dymon Asia Capital, an alternative investment manager headquartered in Singapore with approximately US$4.9 billion (including notional assets and committed capital) under management as of June 29, 2018.