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Altonomy Raises $7 Million

Sofia Cabrera

Summary: Altonomy, a Singapore-based cryptocurrency asset management firm, has reported raised seven million dollars. They are hoping to use this money to provide funding for institutional customers such as spot and derivatives exchanges. Altonomy is hoping to connect over 60 cryptocurrency exchanges and off-exchange trading around the world. Ricky Li, co-founder Altonomy, stated, “They [companies such ...

Altonomy, a Singapore-based cryptocurrency asset management firm, has reported raised seven million dollars. They are hoping to use this money to provide funding for institutional customers such as spot and derivatives exchanges. Altonomy is hoping to connect over 60 cryptocurrency exchanges and off-exchange trading around the world. Ricky Li, co-founder Altonomy, stated, “They [companies such as Fidelity] are mostly in Bitcoins, but most of our volume goes to other coins. These are the tokens that actually need a deep understanding of the cryptocurrency and blockchain technology, as well as a network of actual the crypto player. We are attracting different customer.”

Author: Sofia Cabrera

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