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January 22, 2024

Flowdesk raises €46M in Series B to revolutionize digital asset trading.

Paris-based FinTech company Flowdesk has raised €46m ($50m) in a Series B funding round, led by Cathay Innovation. Other investors included Cathay Ledger Fund, Eurazeo, ISAI, Speedinvest, BPI, and Ripple. Flowdesk provides digital asset trading technology and offers a suite of services including asset management, brokerage, custody, and market-making. The company plans to use the funding to expand its over-the-counter (OTC) offerings and market-making services, as well as securing regulatory licenses in Singapore and the US. Flowdesk currently serves over 50 cryptocurrency token issuers, companies, and investment funds.