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Hashflow Announces $3 2M Seed Round To Bring Professional Market Makers to DeFi, Backed By Dragonfly Capital and Electric Capital

Hashflow Announces $3 2M Seed Round To Bring Professional Market Makers to DeFi, Backed By Dragonfly Capital and Electric Capital
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Hashflow Raises $3 2M in Seed Funding

Hashflow, a Santa Monica, Calif.-based decentralized exchange connecting DeFi traders with top crypto market makers, closed a seed funding round of $3.2m. The round was led by Dragonfly Capital and Electric Capital, and joined by IDEO Ventures, Alameda Research, Metastable, Galaxy Digital, Unanimous Capital, and angels including Balaji Srinivasan, Kain Warwick, & Ryan Sean Adams. The company intends to use the funds to expand its development efforts. Hashflow connects DeFi traders with top crypto market makers. Using it, traders can receive price quotes directly from market markers and broadcast trades on-chain using Web3 wallets. For market makers, Hashflow provides access to the expanding DeFi market while allowing full control over their inventory and pricing strategies. Until now, market makers have had to deploy capital in public liquidity pools, use pre-defined pricing functions, and pay heavy gas fees to change strategies on-chain. With Hashflow, market makers can u

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