Arbelos Markets, a leading crypto principal trading firm founded by industry veterans Joshua Lim and Shiliang Tang, has successfully raised $28 million in an oversubscribed investment round. The fundraising, consisting of seed equity and debt financing, was spearheaded by prominent crypto venture capital firm Dragonfly Capital.
The investment round saw participation from a wide range of investors, including investment firms Room40 Ventures, Selini Capital, and Breed VC, as well as corporate partners such as FalconX, Circle Ventures, Paxos, and Deribit. Additionally, notable angel investors contributed to the round, highlighting the industry’s confidence in Arbelos’ vision and capabilities.
Addressing Industry Challenges
Arbelos Markets aims to address gaps in the crypto market left after the 2022 credit meltdown, which affected companies like BlockFi, Celsius, and Three Arrows Capital. By prioritizing transparency and liquidity, Arbelos seeks to serve the needs of sophisticated investors in the crypto derivatives and options market.
Enhancing Transparency with a “Transparency Engine”
One of Arbelos’ key initiatives is the implementation of a “transparency engine,” allowing clients to independently verify the firm’s risk profile, balance sheet, and counterparty exposure in real time. This commitment to transparency aims to prevent the lack of transparency that contributed to the previous credit crisis in the crypto industry.
Expanding Operations and Market Presence
With the newly raised funds, Arbelos Markets plans to expand its team, access new markets, and introduce more structured products. The firm’s active participation in both centralized and on-chain derivatives and options marketplaces has already positioned it as a significant player in the industry, with derivatives trading volume surpassing $25 billion in notional within the first six months of its inception.
Arbelos’ proactive approach to addressing industry challenges and commitment to transparency and liquidity enhancement bode well for its future growth and success in the evolving crypto landscape.
