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Cryptocurrency Agency Broker Raises $7 Million In Seed Funding
Summary: BitOoda, a U.S.-based cryptocurrency agency brokerage firm, has raised $7 million in seed money, according to TheBlock. BitOoda plans to use the raised funds to expand its solutions in the U.S. as well as Asia and Europe “to meet the soaring demand,” according to founder and CEO Tim Kelly. Multiple energy and commodity traders participated in ...
BitOoda, a U.S.-based cryptocurrency agency brokerage firm, has raised $7 million in seed money, according to TheBlock.
BitOoda plans to use the raised funds to expand its solutions in the U.S. as well as Asia and Europe “to meet the soaring demand,” according to founder and CEO Tim Kelly.
Multiple energy and commodity traders participated in in BitOoda’s funding round, the list includes Gary Ross, former head of global oil analytics at S&P Global Platts, as well as founder of PIRA Energy; Calvin Schlenker, former head of North American natural gas trading at British Petroleum; and Roy Salame, former head of commodities sales and structuring at JPMorgan.
Along with being an agency broker BitOoda offers block trading and risk management solutions, including bitcoin difficulty swap and hashpower contract.
By Roland James
Tags: agency broker,BitOoda,Cryptocurrency,seed round
Link: Cryptocurrency Agency Broker Raises $7 Million In Seed Funding [Copy]
