Crypto trading platform ARBELOS has completed a $28 million financing led by DRAGONFLY, with participation from FALCOLNX, CIRCLE, PAXOS, POLYGON and DERIBIT. ARBELOS MARKETS mainly focuses on providing derivatives and over-the-counter trading services to institutional participants, including hedge funds and venture capital firms, as a counterparty for products such as options and futures, providing trading liquidity.

Wu said that crypto trading platform Arbelos has completed a $28 million financing round, led by Dragonfly, with participation from FalcolnX, Circle, Paxos, Polygon and Deribit. Arbelos Markets mainly focuses on derivatives and over-the-counter transactions for institutional participants, providing trading liquidity for companies such as hedge funds and venture capital firms, and acting as a counterparty for products such as options and futures.

ARBELOS completes $28 million in financing, with participation from several well-known institutions