What is Floating Pointe?
Floating Pointe, also known as Floating Point Group, operates as a premier prime brokerage headquartered in Singapore. The firm is engineered to dismantle traditional barriers to liquidity, enabling institutional clients to execute advanced cryptocurrency-centric strategies at scale. By providing a unified gateway to fragmented digital asset markets, Floating Pointe serves as a vital conduit for capital deployment, offering the technical infrastructure necessary for high-frequency trading and complex portfolio management in the decentralized finance ecosystem.
How much funding has Floating Pointe raised?
Floating Pointe has raised a total of $12M across 2 funding rounds:
Angel/Seed
$2M
Series A
$10M
Angel/Seed (2020): $2M with participation from Seabury Global Markets, AngelList, Naval Ravikant, Steve Kokinos, and BoxOne Ventures
Series A (2021): $10M led by Anthony Scaramucci, Coinbase Ventures, Borderless Capital, and Tribe Capital Growth Corp I
Key Investors in Floating Pointe
AngelList
AngelList is a technology platform that connects startups, investors, and talent, providing essential infrastructure for venture investing through syndicates and rolling funds.
Borderless Capital
Borderless Capital is a leading investment management firm focused on Web3 technology, dedicated to supporting the next generation of innovators in blockchain and decentralized infrastructure.
Coinbase Ventures
Coinbase Ventures is the investment arm of the major cryptocurrency exchange, focusing on early-stage companies that are building the foundational layers of the crypto economy.
What's next for Floating Pointe?
With the recent infusion of capital, Floating Pointe is well-positioned to accelerate its expansion into new geographic markets and enhance its proprietary trading technology. The firm's strategic focus remains on deepening its liquidity pools and refining its execution algorithms to meet the increasing demands of institutional investors. As the regulatory environment for digital assets matures, Floating Pointe is expected to leverage its prime brokerage capabilities to capture a larger share of the institutional market, further cementing its status as a cornerstone of the modern financial infrastructure.
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