DeFi Trading Platform Hashflow Raises $25 Million in Series A Funding Round

Hashflow, a decentralized exchange connecting DeFi traders with top crypto market makers, has announced its Series A funding round, bringing Hashflow's 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 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. Hashflow plans to offer structured products in allowed jurisdictions later this year.

"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,"said 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 our users is our prime objective, and to be able to count the best VCs as well as the best market makers in crypto among our investors goes a long way in terms of delivering against that objective,"Hashflow said.