Exchange tech provider AlphaPoint receives $5.6M in financing

posted about 1 month ago
Exchange software provider AlphaPoint secured funding to finance developing “sophisticated trading features.” The New York firm received $5.6 million. AlphaPoint provides trading software used by over 100 exchange clients worldwide.

The latest financial windfall is expected to be used for improving their margin trading, liquidity solutions, and advanced brokerage capabilities. AlphaPoint co-founder and CEO Igor Telyatnikov commented that the raise means the firm can "continue delivering on our mission to enable access to digital assets globally." AlphaPoint had raised $15 million in its first major funding round in June 2018, with assistance from crypto merchant bank Galaxy Digital.
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