From stocks to crypto, this fintech company's ambition to raise $150 million

【BlockBeats】A technology company focused on financial services software has just completed Series D funding, raising $150 million with a valuation of $1.15 billion. The funding round was led by well-known investment firm Drive Capital and also attracted participation from Citadel Securities, the well-known crypto trading platform Kraken, and the venture capital departments of prominent European banks. In addition to the funding, the company also secured an extra $40 million in credit line support.

What is the core competitiveness of this company? Their software platform enables financial institutions to more conveniently offer trading services for stocks, ETFs, cryptocurrencies, and other financial products to users. Simply put, it is a bridge connecting traditional finance and the crypto world. The company’s co-founder and CEO Yoshi Yokokawa mentioned an interesting phenomenon—the boundaries between traditional finance and the crypto sector are becoming increasingly blurred, with major platforms integrating service ecosystems. The company’s annual recurring revenue has already surpassed $100 million, a figure that demonstrates how strong the market demand is for this type of infrastructure service.