Hashflow Raises $25M Series A Funding Round

Published on: 21.07.2022

Hashflow, a decentralized exchange designed for interoperability, zero slippage, and MEV-protected trades has raised $25 million in new funding bringing its valuation to $400 million.

The round included returning investors Electric Capital, Dragonfly Capital Partners, LedgerPrime, and Balaji Srinivasan, along with crypto-native new investors and market participants including Jump Crypto, Wintermute Trading, GSR, Kronos Research, and Altonomy. Other investors include Coinbase Ventures, Kraken Ventures, Fabric Ventures, Evernew Capital, Spacewhale Capital. And also angel investors Meltem Demirors, Anthony Sassano, Tatiana Koffman, and Jason Choi.

This capital infusion will enable Hashflow to continue to offer the best decentralized trading experience yet, centered around its request-for-quote (RFQ) model which optimizes for seamless interoperability, guaranteed price execution, and MEV protection. This model also enables the trading of structured products. And also other asset classes previously considered impossible to trade on DeFi rails. As detailed on our 2022 roadmap, they plan to offer structured products on Hashflow in allowed jurisdictions later this year — they can’t wait to make this a reality!

“Our team is excited about Hashflow’s one-of-a-kind tech and its impressive growth, which has been achieved within a short window and on a lean budget. Varun and his team have identified a strong product-market fit that they can now capitalize on with great effect. Hashflow is well-positioned to scale its products and offerings to transform the entire DeFi space.”
– Kanav Kariya, President of Jump Crypto

This new raise gives Hashflow a strong capital position from which to continue to build and scale. Regardless of market conditions. Maximizing liquidity for their users is their prime objective, and to be able to count the best VCs. In addition, having the best crypto market makers among their investors goes a long way toward meeting that goal.

About Hashflow

Hashflow is a decentralized exchange designed for interoperability, zero slippage, and MEV-protected trades.

Most DEXs rely on automated market makers (AMMs) to enable the buying and selling of assets, and although important, they’re far from perfect. AMMs are capital inefficient, routinely prone to risks like sandwich attacks and impermanent loss, and cannot price non-spot assets.

By using a request-for-quote (RFQ) model to allow professional market makers to manage liquidity pools, Hashflow solves these issues. In turn, traders and liquidity providers (LPs) gain access to enhanced efficiency, security, and products previously impossible in DeFi.

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SOURCE: HASHFLOW BLOG