Arbelos Markets Raises $28 Million to Navigate Post-Crisis Crypto Space

Introduction

Arbelos Markets, a crypto principal trading firm founded by experienced individuals in the digital asset derivatives sector, Joshua Lim and Shiliang Tang, has successfully secured $28 million in a seed round described as 'significantly oversubscribed.'

Investor Participation

With Dragonfly Capital spearheading the investment accompanied by a diverse group of firms such as Room40 Ventures, Selini Capital, and Breed VC, as well as corporate entities including FalconX and Circle Ventures, the company attracted substantial support.

Revival Strategy

In the wake of the 2022 crypto credit turmoil, Arbelos intends to provide liquidity and hedging solutions to advanced investors through crypto derivatives and options, supported by a unique 'transparency engine' to ensure open risk assessment. The firm plans to utilize the acquired funds to bolster its team, venture into new markets, and enhance its structured product offerings.