Crypto broker HabitTrade completes nearly $10 million Series A funding, led by Chizi City Technology

ChainCatcher News, HabitTrade announces the completion of nearly $10 million in Series A funding. The round was led by Newborn Town Inc., with participation from Bright Venture Capital, StableStock, and other institutions.

HabitTrade is expanding its compliant brokerage infrastructure globally and accelerating the integration of traditional capital markets with on-chain finance. HabitTrade is currently focusing on the Middle East market; Newborn Town Inc. has a long-standing user base and mature localized operations in the MENA region. This investment is expected to provide accelerated support for HabitTrade's regional expansion in terms of traffic, resources, and market synergy.

It is reported that HabitTrade offers comprehensive brokerage services including trading, settlement, asset custody, and stock tokenization issuance, and supports stablecoins as a settlement method for off-chain financial assets.