Today, we announced that tread.fi has received a $3.5 million pre-seed investment – a significant milestone in our mission to bring advanced algorithmic trading infrastructure to the institutional digital asset community. The Block covered the news:
“With fresh capital in hand, Tread.fi plans to continue enhancing its trading platform and expanding its team. There are currently eight people working for Tread.fi in Bangkok and New York, and Jeong plans to hire more people in engineering, sales and business development functions.”
A quote from one of our early clients and investor in our round perfectly sums up the values we hope to bring to industry:
"David and his team are not only highly skilled and passionate, but have exemplary moral values, something that has been sorely lacking in the space. Their fair business model and privacy-focused platform architecture is a testament to this: they don't watch your flows, have no access to any of their customer's trading data and have rejected a predatory, flow-based business model common in this space. Thanefield is not only an investor, but also a user of their trading platform since early development and have been impressed by the rapid evolution of the product."
- Kyle Tan, Co-founder of Thanefield Capital
To learn more, read the press release:
https://lnkd.in/gGqnKahQ