Flowdesk Raises $102M to Expand Trading and Liquidity Desks

4 weeks ago

The institution plans to usage the rise to standard its equilibrium sheet, grow its compliance and exertion teams, and unfastened caller offices successful cardinal jurisdictions.

Updated Mar 3, 2025, 5:44 p.m. UTCPublished Mar 4, 2025, 9:00 a.m. UTC

Flowdesk has secured $102 cardinal successful caller backing to grow its integer plus trading and liquidity business, backed by HV Capital and a indebtedness installation from BlackRock-managed funds.

“This backing circular marks a pivotal infinitesimal for Flowdesk arsenic we accelerate our enlargement into cardinal planetary markets,” said CEO Guilhem Chaumont successful an email to CoinDesk. “Institutional request for market-making infrastructure is increasing rapidly, and we are committed to scaling our exertion and services to conscionable that need.”

In a release, Flowdesk said it volition usage the proceeds of the circular to standard its over-the-counter (OTC) derivatives concern and motorboat a dedicated crypto recognition table portion besides doubling headcount astatine the trading firm.

"Flowdesk has built 1 of the astir robust planetary infrastructures for integer plus trading, with unparalleled marketplace connectivity, regulatory coverage, and a wide scope of liquidity solutions," Chaumont continued.

It besides plans to grow into the Middle East, with the UAE being the adjacent imaginable hub. Flowdesk is known for making bold bets erstwhile opening caller offices; it expanded to the U.S. during the tallness of the Biden White House's warfare connected crypto, a determination that seemed risky astatine the time but ended up paying disconnected handsomely for the company.

Tokenization is besides a large absorption for Flowdesk arsenic organization involvement successful on-chain assets grows.

The institution has worked with token issuers to facilitate liquidity for tokenized assets and plans to grow its services to see stablecoins, tokenized securities, and wealth marketplace funds.

"From time one, Flowdesk has been built connected the imaginativeness that tokenization would redefine fiscal markets. Over the past years, our enactment with token issuers has positioned america astatine the forefront of this transformation," Chaumont said successful an email.

Flowdesk's existing investors, Eurazeo, Cathay Innovation, and ISAI, besides participated successful the round.

Sam Reynolds

Sam Reynolds is simply a elder newsman based successful Asia. Sam was portion of the CoinDesk squad that won the 2023 Gerald Loeb grant successful the breaking quality class for sum of FTX's collapse. Prior to CoinDesk, helium was a newsman with Blockworks and a semiconductor expert with IDC.

Sam Reynolds

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