Sparrow, a Singapore – based options trading platform, secured USD 3.5m in Series A funding.
The round was led by the HDR Group, owner and operator of BitMEX, and supported by Signum Capital, Du Capital and FinLab EOS VC.
The company intends to use the funds to accelerate platform development.
Led by Kenneth Yeo, CEO, Sparrow is an options trading platform, providing tools to control risk and monetize digital assets. The company offers BTC and ETH options that are settled by smart contracts. The proprietary platform is accessible through a simplified interface, advanced order book, or trading APIs. FinSMEs 23/06/2020