HiddenRoad plans to raise 120 million at 1 billion valuation
Cryptocurrency broker Hidden Road is raising a Series B equity round that will value it at around $1 billion, with the current round currently expected to raise around $120 million. The prime brokerage firm was founded in 2018 by Marc Asch, who previously worked at hedge fund billionaire Steven Cohen's companies SAC Capital and Point72 Asset Management. Hidden Road closed $50 million in financing in 2022. Hidden Road provides prime brokerage services for a variety of markets, including foreign exchange, precious metals and digital assets.
Release time
2024-04-17 12:28:17