2 years ago
Immix Secures $2.7 Million Seed Funding for Low-Latency Crypto Trading Infrastructure
Immix, a London-based startup providing crypto-trading infrastructure for institutional investors, has raised $2.7 million in seed funding led by MassMutual Ventures
Immix's platform is designed to be "ultra-low latency", offering a competitive advantage in the volatile crypto market
The funding will be used to further develop Immix's core trading platform
MassMutual Ventures also led the £11 million Series A round of banking as a service company Griffin in June.
ProblemFinancial Services
"making it expensive and restrictive for institutional investors to access crypto-trading infrastructure"
Solution
"offering an ultra-low latency trading system specifically designed for institutional investors"