Many companies in the cryptocurrency ecosystem began to expand and grow by increasing their investments. These companies generate significant income through investment tours. These revenues are an important milestone for companies. This time, Hidden Road, a global loan network, received an investment of 50 million dollars.
$50 Million Investment in Hidden Road
Global lending network Hidden Road has announced that it has closed its Series A financing round, led by Castle Island Ventures, with $50 million.
Many well-known companies such as Castle Island Ventures, Citadel Securities, FTX Ventures, Wintermute led the tour.
According to the statement, Hidden Road hopes to solve many of today’s problems in credit and prime brokerage caused by legacy technology, legacy workflows and conflicts of interest.
Providing first-class brokerage, clearing and financing services for both traditional and digital assets, Hidden Road stated that it wants to shape the future of the company with the investment it has received.
Matt Walsh, general partner of Castle Island Ventures, told The Block:
Hidden Road offers a range of products that we deem essential for institutions entering the digital asset market. We are happy to invest in this great team.
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