Rulematch Closes Pre-Series A Funding Round

Switzerland

News / Switzerland 291 Views 0

Rulematch Closes Pre-Series A Funding Round

Switzerland

News / Switzerland 291 Views 0

Rulematch Closes Pre-Series A Funding Round by October 26, 2023

Rulematch, a Swiss digital asset trading solution provider, announced the conclusion of its pre-Series A funding round with investments from FiveT Fintech (formerly known as Avaloq Ventures) along with seed investor, Consensys Mesh.

Leading global liquidity provider and market maker Flow Traders is also making a strategic commitment to Rulematch.

In advance of its upcoming Series A funding round with the support of FiveT Fintech, Flow Traders and Consensys Mesh, Rulematch continues to onboard additional financial institutions to its participant network.

David Riegelnig

David Riegelnig

Rulematch CEO David Riegelnig commented:

“One of the greatest value-adds of our investors comes from their long-term perspective on the development of the crypto and digital assets industry and where it is going from here.”

Alexander Christen

Alexander Christen

Alexander Christen, Co-Founder of FiveT Fintech commented:

“We remain committed to supporting visionary entrepreneurs who are at the forefront of driving the widespread adoption of distributed ledger technology (DLT). Rulematch, with its groundbreaking trading venue, will set a new industry standard in meeting the requirements of institutional cryptocurrency trading, encompassing regulatory compliance, capital efficiency, low latency trading and commission optimization. Our involvement in Rulematch serves as the inaugural step for our upcoming initiative, ‘FiveT Fintech II DLT,’ slated for launch later this year.”

Featured image credit: RULEMATCH CEO David Riegelnig

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