Turnover: 1.1 million EUR (2022)
Country: France
Specialist in blockchain and crypto
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Flowdesk, the French company conquering the world's cryptomarkets 19/01/2024
- Founded in 2018, Flowdesk is a crypto industry market maker.
- Flowdesk provides a subscription platform that is suitable for "market making-as-a-service".
- The Flowdesk startup raised $30 million at the end of June 2022.
- It has now announced a $50 million Series B round, led by Cathay Innovation, with participation from Cathay Ledger Fund, Eurazeo, ISAI, Speedinvest, Bpifrance and Ripple.
- The company has a team of around one hundred employees, two-thirds of whom are based in Paris and one-third of whom are traders.
- The company plans to recruit 50 people by 2024 and is aiming to obtain a license in Singapore.
- Flowdesk's sales have tripled and trading volumes have increased tenfold, with transactions of $100-300 million a day.
- Flow desk backed by Société Générale-Forge for its EURCV stablecoin.
Flowdesk is in talks with leading Bitcoin ETF issuers, including BlackRock and Fidelity.
Studies mentioning this company
The cryptocurrency market - France
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- Flowdesk