Tagomi Holdings, Inc., a NYC-based provider of live electronic brokerage offering prime services on an agency basis for investors of Bitcoin, Ether, and other digital assets, raised a new round of funding.
The amount of the deal was not disclosed.
The round, which brings total funding to $28m, was led by Paradigm, a Yale and Sequoia backed fund, with participation from Pantera, a US digital asset firm, and a group of digital asset investors.
The company intends to use the funds to continue to expand operations, development efforts and its business reach.
Led by Greg Tusar, Jennifer Campbell, Marc Bhargava, Venu Palaparthi and Kevin Johnson, Tagomi currently offers three product lines:
– a portfolio management interface for longer-term investors,
– an advanced trading terminal for active traders, and
– an API for various types of programmatic trading.
Clients include individual investors, family offices, digital asset funds, traditional equity and FX traders, venture capital funds, and others.
Other investors include Founders Fund, Collaborative Fund, Elad Gil, Joe Lonsdale, Digital Currency Group, among others.