TabTrader, a mobile-based trading terminal for crypto exchanges, has scored $5.8m in its Series A funding round.
BitMEX Ventures, the corporate trading division of crypto trading platform BitMEX, served as the lead investor. Commitments also came from Hashkey Capital, Spartan Capital, SGH Capital, SOSV and Artesian Venture Partners.
The FinTech company hopes to expand its team, expand globally and implement aggregation of decentralised crypto exchanges. Some of the future product releases it is planning include a complementary web-based version of its app and the addition of asset classes such as FX markets.
TabTrader is a mobile app-based cryptocurrency trading platform, which currently has over 400,000 users. Users receive push notifications for notable events, the ability to buy and sell whenever, access to various crypto exchanges and technical analysis.
BitMEX CEO Alexander Höptner said, “TabTrader revolutionises the entire crypto trading experience by enabling traders to manage all of their exchange accounts through a unified interface. BitMEX and TabTrader share a similar mission of transforming the crypto space, and we are thrilled to support TabTrader as they continue to empower their skyrocketing user base.”
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