SignalPlus Ltd., a Singapore-based enterprise technology company offering options trading for digital and crypto assets, closed its Series A funding round.
Backers included HashKey Capital (Series A lead), GBV Capital (Seed round lead), Stratified Capital (advisor), Incuba Alpha, Chiron Partners, Paradigm Co, SNZ Holding, and Baboon.VC, with over $12M raised in aggregate.
The company intends to use the funds to develop an enterprise-level solution to bridge the infrastructure gap that currently exists in both CeFI and DeFI option platforms.
SignalPlus provides a technology stack with a full suite of modular toolkits wrapped around a user-centric interface. Furthermore, the platform’s open API services will allow for user subscriptions into an advanced suite of functions including automated option market making, dynamic delta hedging, and structured products pricing.
FinSMEs
12/08/2022