TechFlow news, July 31, according to The Block, the cryptocurrency trading company Breakout has completed a $4.50 million seed funding round led by RockawayX, with other investors including Mechanism Capital, Round13 Capital, C² Ventures, and IOBC Capital.
Breakout's co-founder and CEO Alex Miningham revealed that the startup began its seed funding round in February, initially seeking $3 million, received commitments of $6 million, and ultimately closed the round at $4.50 million. Breakout is a proprietary cryptocurrency trading firm based on evaluation. Miningham stated that traders can choose between a one-step or two-step evaluation option, with account sizes ranging from $5,000 to $100,000.