Flowdesk, a digital asset trading and liquidity business, has raised $102 million in funding to expand its operations and meet growing institutional demand for market-making infrastructure. The company plans to use the funds to scale its over-the-counter derivatives business, launch a dedicated crypto credit desk, and double its headcount. Flowdesk aims to expand into the Middle East, with the UAE being a potential hub, and is focusing on tokenization as institutional interest in on-chain assets grows. Existing investors Eurazeo, Cathay Innovation, and ISAI also participated in the funding round.
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