Seed stock and debt funding totaling $28 million were raised by Arbelos Markets, a leading liquidity provider in the cryptocurrency derivatives markets with headquarters in New York City.
Investors
- Dragonfly Capital
- FalconX
- Circle Ventures
- Paxos
- P2 Ventures (formerly Polygon Ventures)
- Deribit
- Chorus One
- StarkWare
- Immutable
- Aevo
- Cega
- Talos
- Amberdata
- Framework
Use of funds
The firm intends to employ talent, broaden its product offering, and increase its access to new markets with the additional funding in addition to enhancing its infrastructure for quant trading.
After only six months of operation, Arbelos Markets has become one of the world’s top five providers of options block liquidity, with a total derivatives trading volume of over $25 billion notional across orderbook and RFQ channels as well as bilateral, on-exchange, and on-chain channels.
About Arbelos
Joshua Lim and Shiliang Tang, two seasoned businessmen and derivative traders, founded Arbelos Markets in 2023. The company is a major supplier of liquidity in the cryptocurrency derivatives markets. Its unique Transparency Engine provides instantaneous visibility and verifiability throughout its risk portfolio. The company offers on-chain protocols, consolidated market liquidity around-the-clock, and more customized yield generating and hedging options.
