D2X, an exchange of cryptographic derivatives based in Amsterdam designed for institutional investors, has raised 4.3 million euros ($ 5 million) in a round of strategic financing.
Circle Ventures, CMT Digital and Canton Ventures joined the increase as strategic investors, together with the renewed support of Point72 Ventures, Tioga Capital, GSR and Fortino Capital.
With a license under the EU Marco Mifid II as a multilateral shopping center (MTF), D2X claims to be the first exchange of cryptographic derivatives regulated in a jurisdiction of level 1 that operates seven days a week.
The firm recently launched Bitcoin (BTC) and Ether called by USD, with options in both expected assets soon.
The cryptographic derivative space is warming up with great exchanges such as Coinbase and Kraken acquiring derivative platforms, and a constant flow of new offers that reach the market.
Charlie Sandor de CMT Digital said the company invested in D2X because it closes a key gap for institutions: lack of regulatory clarity and infrastructure that operates on weekends.
“D2X establishes a new reference point for cryptographic derivatives in Europe,” Sandor said.
The signing guarantee remains out of exchange in association with Banks, a characteristic that attends risky risk investors.
