What is OrBit?
OrBit is dedicated to the creation of innovative crypto derivatives, exotic options, and structured products. The company aims to address the escalating demand for sophisticated yield enhancement and investment solutions within the digital assets sector. By offering advanced financial instruments, OrBit empowers investors to navigate the complexities of the cryptocurrency market with greater precision and potential for optimized returns.
How much funding has OrBit raised?
OrBit has raised a total of $4.6M across 1 funding round:
Unspecified
$4.6M
Unspecified (2022): $4.6M with participation from Westridge Markets, Matrixport, New Form Capital, Maven 11 Capital, and Brevan Howard Digital
Key Investors in OrBit
Westridge Markets
Westridge Markets, operating within the Grocery Retail industry, is an entity that has participated in OrBit's funding round. Its involvement suggests a potential strategic alignment or interest in the broader financial technology ecosystem.
Matrixport
Matrixport is a prominent digital asset financial services platform based in Singapore, offering a comprehensive suite of crypto financial services including custody, trading, and structured products. Their investment in OrBit highlights a shared focus on advancing digital asset financial solutions.
New Form Capital
New Form Capital is a venture capital firm specializing in fintech and blockchain investments since 2019. Their backing of OrBit indicates a strategic interest in companies building the next generation of financial markets through blockchain technology.
What's next for OrBit?
The recent major enterprise-level funding positions OrBit for significant expansion and product development. This strategic capital infusion is expected to accelerate the company's mission to provide advanced financial tools for digital assets, potentially leading to the introduction of new derivative types and enhanced platform capabilities. OrBit's focus on sophisticated financial products suggests a trajectory towards becoming a key player in institutional digital asset finance.
See full OrBit company page
