Crypto startup Seaquake has reportedly raised an undisclosed amount in a seed round led by SOSV, the venture capital firm.
The round also saw participation from VC firm Artesian VC and the Shanghai-based startup accelerator Chinaccelerator, according to Crunchbase.
The company is described as having the aim to bring stability to the crypto market, which is suffering from a lack of stability that leave orders unfulfilled.
To do that, Seaquake has developed an institutional-grade infrastructure and data processing engine to stabilise the fragmented crypto market. Seaquake’s platform uses advanced quantitative methodologies and low-latency to deliver exchange wide solutions to increase volume on partner exchanges.
“In the future, Seaquake will provide Institutions with a single point of access to liquidity pools, data and market analysis, facilitated by our partnered exchanges,” Seaquake says on its website.
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