What is OrBit?
OrBit is dedicated to developing innovative crypto derivatives, exotic options, and structured products. The company aims to address the escalating demand for sophisticated yield enhancement and investment strategies within the digital assets landscape. By providing advanced financial instruments, OrBit seeks to empower investors with more complex tools for managing and growing their digital asset portfolios.
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, Brevan Howard Digital, Matrixport, New Form Capital, and Maven 11 Capital
Key Investors in OrBit
Westridge Markets
Westridge Markets, operating in the Grocery Retail industry, is an entity that participated in OrBit's funding round. Its involvement suggests potential synergies or a broad investment thesis.
Matrixport
Matrixport is a prominent digital asset financial services platform in Asia, offering a comprehensive suite of crypto financial services including custody, trading, and structured products. Their investment highlights OrBit's alignment with established digital asset infrastructure.
New Form Capital
New Form Capital is a venture capital firm specializing in fintech and blockchain investments since 2019, focusing on next-generation financial markets. Their backing indicates confidence in OrBit's innovative approach to digital asset finance.
What's next for OrBit?
The recent major strategic investment positions OrBit for accelerated growth and expansion in the competitive crypto derivatives market. This influx of capital is expected to fuel further product development, enhance technological infrastructure, and broaden market reach. OrBit's focus on sophisticated financial solutions suggests a trajectory towards becoming a key player in institutional digital asset finance, catering to the evolving needs of investors seeking advanced yield and hedging strategies.
See full OrBit company page
