Assets Under Management AUM

Blofin Raises US $ 12M in Series A2 Funding

Blofin, a Cayman Islands-based crypto financial services company, has raised US $ 12 million in Series A2 funding.

The round was led by KuCoin Eco Fund, followed by Matrix Partners, Lingfeng Capital and Fenbushi Capital. In March of this year, Blofin completed a US $ 10 million A + funding round led by SIG and Matrix Partners.

The company intends to use the funds to onboard talent to develop new products and apply for more licenses globally.

At present, Blofin’s current Global Assets Under Management (AUM) have reached US $ 150 million. As a registered crypto-finance services agency in the Cayman Islands, its proprietary quantitative database covers over 50 exchanges worldwide with real-time data and is connected to over 200 global quantitative trading teams. .

The company also provides crypto asset management services with a focus on small and medium-sized quantitative hedge funds to provide capital investment, lower trading fees, and other financial services.

Blofin obtained the US Federal MSB License (last four digits are 0143) signed by FinCEN two weeks ago. It is in the process of securing additional digital asset management licenses for Hong Kong, Singapore and other global financial centers around the world.



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