Join Our Mailing List
Monday May 29, 2023
Bitcoin (BTC) $27,882.47   Ethereum (ETH) $1,900.28
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Capital Raising

Vestigo Ventures and CMT Digital invest in crypto asset data provider FRST

Published by CryptoNinjas.net
10/16/2018
Vestigo Ventures and CMT Digital invest in crypto asset data provider FRST

Vestigo Ventures, an early-stage venture capital firm focused on making investments in fintech companies, and CMT Digital, a division of the CMT Group, focused on crypto asset trading, blockchain technology investments and legal / policy engagement, announced today the participation in a $3.4 million financing round for FRST, the leading provider of timely, high-fidelity, actionable data for  professional traders of digital assets.

The funding round was led by CMT Digital and Vestigo Ventures. Other participants in the round included Akuna Capital and principals from Premier Asset Management and Oak Ridge Investments.

FRST is an enterprise-grade, trading-floor-ready technology suite that allows professional traders to perceive, categorize and act upon transactions involving digital assets. The company’s technology rapidly identifies digital currency token trades before they are moved from a wallet to an external party or exchange, providing important insights for firms trading cryptocurrencies.

“Cryptocurrencies are here to stay but – similar to other less mature markets – the infrastructure necessary to ensure access to trusted, transparent and actionable information to date has been lacking; FRST has successfully filled this void. As the first to bring its cryptocurrency monitoring technology to market, FRST has a clear customer focus, starting with high-performance trading floors. These factors position FRST as an ideal investment, as it supports Vestigo’s thesis of investing in companies that create market structures and operational solutions.”

Ian Sheridan, Managing Director at Vestigo Ventures

“We view Vestigo Ventures and CMT Digital as important strategic investors for FRST. Vestigo Ventures has in-house data science assets through its access to resources from Cogo Labs, a deep understanding of blockchain, and strong relationships with people addressing the difficult problems in this ecosystem. CMT Digital brings trading, technical, markets and quantitative investing expertise, in addition to extensive legal and policy understanding, to the table. We look forward to working closely with Vestigo and CMT Digital as FRST moves from beta to release over the coming months.”

Karl T. Muth, FRST’s CEO

“Many aspects of the trade lifecycle have been invisible up until now; assets changing hands at primary issuance, projects liquidating the proceeds of their token offerings, and tokens moving into and out of exchanges, FRST’s technology makes all of this activity visible and trackable and enables traders to trigger custom alerts and notifications, providing improved situational awareness to traders seeking an edge. Combining the data science knowledge from CMT Digital with FRST’s trading and technology skills will enable us to build a world-class data intelligence platform that allows users to upload their own datasets to look for correlations across their own data and third-party data, including data from non-crypto markets and FRST’s uniquely-annotated blockchain datasets.”

Colleen Sullivan, Partner and CEO at CMT Digital
51
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Crypto-backed loan firm BlockFi closes $18.3 million funding

08/06/2019
Blockfii Raise

BlockFi, a crypto-backed loan company, today announced that it has raised $18.3 million in Series A funding led by Valar Ventures with participation from Winklevoss Capital, Galaxy Digital, ConsenSys Ventures, Akuna Capital, Avon Ventures,...

Read more

Vestigo Ventures leads $1.5 million round for crypto tax software ZenLedger

09/17/2018
Vestigo Ventures leads $1.5 million round for crypto tax software ZenLedger

Vestigo Ventures, an early-stage venture capital firm focused on investments in fintech companies, announced today that it led a $1.5 million financing round for ZenLedger, a provider of software for cryptocurrency investors and their...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
RockX broadens suite with launch of new ether (ETH) native staking solution

RockX broadens suite with launch of new ether (ETH) native staking solution

05/23/2023
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
Token.io launches new spin-out company focused on digital money solutions

Token.io launches new spin-out company focused on digital money solutions

12/10/2019
The Sandbox teams with Hex Trust to enable licensed and secure custody of its virtual assets

The Sandbox teams with Hex Trust for licensed, secure custody of its virtual assets

05/10/2023
RockX broadens suite with launch of new ether (ETH) native staking solution

RockX broadens suite with launch of new ether (ETH) native staking solution

05/23/2023
The Sandbox teams with Hex Trust to enable licensed and secure custody of its virtual assets

The Sandbox teams with Hex Trust for licensed, secure custody of its virtual assets

05/10/2023
CoinFlip launches new self-custodial cryptocurrency wallet platform 'Olliv'

CoinFlip launches new self-custodial cryptocurrency wallet platform ‘Olliv’

04/28/2023
Crypto exchange Deribit to launch zero-fee spot trading

Crypto derivatives exchange Deribit to launch zero-fee spot trading

04/20/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy