SFOX, the cryptographic trading platform, announced on August 16 (local time) that a series of funding rounds, including Nathan Blecharczyk, co-founder of Airbnb, will raise $ 22.7 million Won).
This round was led by Arjun Sethi, co-founder of Tribe Capital, who participated in the WiBi combinator, Kosla Ventures, the Digital Kerenshi group, and Nathan Bretarzic, who was introduced earlier.
SFOX is expanding its services to funds, family offices, and high-end private investors, and so far the transaction volume has exceeded $ 9 billion. Arjun Setti says institutional investors need the ability to sell large amounts of money without being influenced by price in a single account.
SFOX plans to use the proceeds to improve transaction liquidity and expand new areas. SFOX’s funding is an example of a growing investment in large enterprises such as cryptography and block-chain start-ups. In fact, Axoni, which recently raised $ 32 million through funding led by Goldman Sachs and others, has also participated in large corporations such as Wells Fargo, JP Morgan and Citigroup. Not long ago, GE Venture Capital was involved in a $ 12 million investment round of block chain startup Xage Security. For more information, please click here .