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Tradias raised an undisclosed amount in a Series A funding round led by several small and medium-sized family office investors to support higher trading volumes and European expansion.

Oct 08, 20249 months ago

Round Type

series a

FrankfurtCryptocurrencyBlockchainFinancial Services

Investors

Small And Medium Sized Family Office Investors

Description

Tradias, a digital asset arm of Bankhaus Scheich, has closed its Series A funding round while obtaining a securities trading banking license from BaFin. The proceeds will support anticipated trading volume increases and facilitate European expansion.

Company Information

Company

Tradias

Location

Frankfurt, Hesse, Germany

About

tradias is the FinTech arm of Bankhaus Scheich, providing the necessary infrastructure and services to give institutional investors access to the vast potential of digital assets. Backed by decades of expertise from Bankhaus Scheich, a leading securities trading bank and market maker on the Frankfurt Stock Exchange, tradias enables customers to trade a wide range of cryptocurrencies and other digital assets in a regulated environment. In addition to trading, tradias offers comprehensive digital asset services, including tokenization, asset management, and borrowing/lending, creating a holistic financial services offering for the digital asset space.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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