Thalex crypto derivatives exchange raises $7.6 million from Bitfinex and Bitstamp

The Thalex cryptocurrency derivatives exchange closed a Series A funding round worth $7.64 million.

Investors included trading platforms Bitfinex and Bitstamp, as well as Flow Traders, IMC, QCP and Wintermute.

“We are pleased to participate in this funding round for Thalex and see enormous potential in the futures and options market,” said Paolo Ardoino, Bitfinex’s CTO.

Thalex is already available for public testing. The team did not specify a definite launch date, but said it would be “soon.”

The exchange is in the process of obtaining a Distributed Ledger Technology (DLT) provider license from the Gibraltar Financial Services Commission.

Earlier in June, the Indonesia-based digital asset trading platform Pintu attracted $113 million.

In May, Streamy, operator of South Korea’s crypto exchange Gopax, closed a Series B funding round in the amount of 30 billion won (about $23.7 million).

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