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SignalPlus Announces the Closing of Series-A Round Led by HashKey Capital

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Singapore, Singapore–(Newsfile Corp. – August 24, 2022) – SignalPlus Ltd. (www.signalplus.com), a leading enterprise technology company looking to democratize options trading for digital and crypto assets, announced today the closing of its Series A fundraising round led by HashKey Capital.

A strong mix of crypto institutional and native investors participated in the Series A and Seed rounds, including HashKey Capital (Series A lead), GBV Capital (Seed round lead), Stratified Capital (advisor), Incuba Alpha, Chiron Partners, Paradigm Co, SNZ Holding, and Baboon.VC, with over $12M raised in aggregate. The Company is looking to develop an enterprise-level solution to bridge the immense infrastructure gap that currently exists in both CeFI and DeFI option platforms.

The crypto options space has been severely underdeveloped versus the impressive growth in listed linear derivatives, with subpar liquidity and volume over-concentration in a mere handful of platforms. While institutional and professional investor demand for option structures are prevalent, there is a visible lack of progress from the community to build an open, standardized, and user-centric application solution that caters to the option trader without a quality compromise. The Company is looking to fix this shortcoming with a technology stack that centers around a Wall-Street caliber options trading dashboard, with a full suite of modular and powerful toolkits wrapped around a user-centric interface. Furthermore, the platform’s open API services will allow for user subscriptions into an advanced suite of functions including automated option market making, dynamic delta hedging, and structured products pricing.

SignalPlus’ long-term goal is to demystify and lower the substantial entry barriers for options trading, and to knowledge-transfer most of the founding team’s domain expertise into open, practical, programmatic services that can be easily leveraged by participants of different levels.

SignalPlus’ Series A lead investor, DC, CEO of HashKey Capital, “SignalPlus is developing an institutional one-stop shop solution for crypto options, including a powerful but user-friendly set of automated trading tools, as well as a flexible structured products issuance platform. Owing to its high knowledge threshold, crypto options have seen much lower adoption compared to perps & futures, but we are confident that this dynamic will change given the influx of institutional talent and industry maturation. The SignalPlus Team impresses with a strong and seasoned background from premier investment banks, technology firms, and prior venture successes. Furthermore, the Company’s flagship solution promises a rare blend of crypto product market fit, Wall Street caliber risk controls, and a user-centric interface that is reflective of their domain expertise. We are highly excited by ‘SignalPlus’ growth trajectory and look forward to seeing their product as the benchmark for crypto options.”

SignalPlus’ Seed round lead investor, Leslie, Co-founder of GBV Capital, “I have known the core team for many years and are very impressed with their knowledge of derivatives combined with their dedication to building infrastructure for the volatility product. We expect this market to continue to grow and for SignalPlus to be at the forefront of this market.”

“They have a first-rate team of Wall-Street professionals and technology veterans with the potential to make a transformative difference and lasting contribution to the crypto industry. We are confident of and assured by their conviction in the crypto options space, and the long-term promise of institutional adoption and investor participation.” said Katrina WANG, Founding Partner of Stratified Capital.

Company Background:

Formed in 2021, SignalPlus is a technology company looking to develop an open, accessible technology platform to democratize and empower proficient crypto options trading for users of all levels. Founded by an exceptionally seasoned team of traders, technologists, builders, and repeat entrepreneurs, the Team’s vision is to create an enterprise software solution that would translate our domain expertise into practical, programmatic software services that can be easily leveraged by the crypto industry to accelerate its options markets development in a professional manner.

Website: https://www.signalplus.com
Twitter: https://twitter.com/signalplus_web3
Telegram: https://t.me/SignalPlus_Official
Discord: https://discord.gg/pyZRPgHGED

Contact Details:
SignalPlus
Email: [email protected]

Media Contact: Proleo.io Email: info (at) proleo.io

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/134729

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

CBiGroup Completes $15M Series A Funding, Focuses on R&D

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CBiGroup Completes $15M Series A Funding, Focuses on R&D

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Blockchain

Correction: CBiGroup Completes $15M Series A Funding, Focuses on R&D

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correction:-cbigroup-completes-$15m-series-a-funding,-focuses-on-r&d

CBiGroup Completes $15M Series A Funding, Focuses on R&D

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Blockchain

COTI V2 changing private play on blockchain via encrypted circuit

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coti-v2-changing-private-play-on-blockchain-via-encrypted-circuit

COTI V2 is revolutionizing blockchain technology with private play through encrypted circuits, offering enhanced speed and efficiency. Currently, the Genesis builder network is live, and the company is inviting developers to join their program. The network supports private play upgrades for Ethereum.

As a privacy-focused Ethereum layer 2 solution, COTI V2 employs advanced encryption technology and encrypted circuits, enabling operations on all devices without compromising personal data.

The primary goal of COTI V2, as outlined in its whitepaper, is to address private play issues on blockchains. Developers can protect privacy through encrypted circuits. The COTI V2 Devnet provides a user-friendly, connectible EVM space (gcEVM) using the Solidity programming language.

Additionally, the COTI V2 network offers developers tools for privacy play with TypeScript and Python SDKs, along with EVM RPC, documentation, a faucet, an explorer, and Hardhat.

COTI has received positive feedback from Civic, a provider of Web3 identification toolkits.

The COTI Foundation plans to launch a privacy-focused growth fund, the ABC Growth Fund, allocating 400 million COTI tokens to provide real-time privacy services.

Developers using the COTI V2 builder network can explore use cases such as confidential DeFi, private payment transactions, stablecoins and RWAs, on-chain data control, confidential AI and machine learning, and decentralized identity recognition.

According to COTI CEO Shahaf Bar-Geffen, the COTI V2 builder and developer program is now available to the public, inviting developers to join the network.

Source: cryptonewsz.com

The post COTI V2 changing private play on blockchain via encrypted circuit appeared first on HIPTHER Alerts.

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