US-based derivative crypto exchange – ErisX – reportedly completed Series B funding round.
The company received investments from different market participants including venture companies as well as the leading crypto segment players, like ConsenSys, Fidelity Investments, Bitmain, Monex Group and NASDAQ Ventures.
The company did not unveil the amount of investment generated during the funding round, though there are rumours that the sum can be some $27.5 million. Moreover, ErisX enjoyed financial support from its existing investors – CTC Group Investments, Digital Currency Group, DRW Venture Capital, Pantera Capital and Valor Equity Partners.
"With such authoritative firms behind ErisX, the Exchange’s position is cemented as an industry-needed solution for a fair and transparent platform in the digital asset space", reads the press release.
The company expressed intentions to launch spot market for digital assets in H1 2019. The exchange will be registered with US CFTC, with clearing organization waiting for the approval.
The company CEO stated:
"With increasing financial support from leading-edge firms, ErisX stands to provide the most robust, secure and regulated digital asset offering available to both institutional and individual participants."
As he added, the successful funding round enables them to keep working on the project of up-to-date trading platform and business expansion.