Flowdesk has obtained $ 102 million in new funds to expand its business asset trade and liquidity business, backed by HV capital and a debt installation of funds administered by Blackrock.
“This financing round marks a crucial moment for Flowdesk as we accelerate our expansion to key global markets,” said CEO Guilhem Chaumont in an email to Coindesk. “The institutional demand for market infrastructure is growing rapidly, and we are committed to climbing our technology and services to meet that need.”
In a statement, Flowdesk said he will use the revenue of the round to climb his free sale derivatives business (OTC) and will launch a dedicated cryptography credit desk and at the same time duplicate the staff of the commercial company.
“Flowdesk has built one of the strongest global infrastructure for digital asset trade, with incomparable market connectivity, regulatory coverage and a wide range of liquidity solutions,” Chaumont continued.
It also plans to expand in the Middle East, the EAU being the following potential center. Flowdesk is known for giving bold bets when opening new offices; It expanded to the USA. During the apogee of the White House War of Biden against Crypto, a movement that seemed risky at that time but ended up paying generously for the company.
Tokenization is also an important approach to Flowdesk as institutional interest in chain assets grows.
The company has worked with tokens issuers to facilitate the liquidity of tokenized assets and plans to expand their services to include stablecoins, tokenized values and monetary market funds.
“From the first day, Flowdesk has been built on the vision that the tokenization would redefine financial markets. In recent years, our work with tokens issuers has positioned us at the forefront of this transformation,” Chaumont said in an email.
The existing investors of Flowdesk, Eurazeo, Cathay Innovation and Isai also participated in the round.
