French crypto market maker Flowdesk completed $50 million in Series B financing, led by Cathay Innovation

2024-01-18 22:05:12BlockBeatsShare to:

BlockBeats news, on January 18, according to The Block, French cryptocurrency market maker Flowdesk completed a $50 million Series B financing. This round of financing was led by Cathay Innovation, and included Cathay Ledger Fund, Eurazeo, ISAI, Speedinvest, Ripple and Bpifrance. (French state-owned investment bank) participated in the investment. Flowdesk co-founder and CEO Guilhem Chaumont said in an interview that this is a pure equity financing round. According to people familiar with the matter, the new round of financing will increase Flowdesk's valuation from US$100 million in Series A financing to more than US$250 million.

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