Tabtrader Raises $5.8M For A Mobile App That Aggregates Crypto Exchange Data
11/24/21, 8:20 PM
Location
amsterdam
Money raised
$5.8 million
As many of the top cryptocurrencies seem to temporarily stabilize near all-time-highs, users looking to speculate on tokens that are a bit more volatile are searching across exchanges to find deals.
Company Info
Location
amsterdam, new york, united states
Additional Info
The startup has adopted a Kayak-like structure, aggregating prices for tokens and picking up rebate fees from exchanges when users make a purchase through the app. The startup says they’re starting with a number of Solana-based exchanges including Serum, Raydium and Orca.“[Decentralized exchanges] are the hottest topic of 2021,” Suslov says. While users plug their wallet info into the app to easily make purchases through connected exchanges, Suslov says that TabTrader never has access to user funds.