Arbelos completed a funding round of $28 million, led by Dragonfly with participation from FalcolnX, Circle, Paxos, Polygon, and Deribit. Arbelos Markets will primarily focus on derivatives and over-the-counter trading for institutional participants, providing trading liquidity for companies such as hedge funds and venture capital firms as counterparties for popular products such as options and futures.
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Arbelos, a primary market trader in cryptocurrencies, has raised $28 million in funding, led by Dragonfly
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