The global credit network, Hidden Road, successfully raises $50 million in a Series A funding. The funding is courtesy of Castle Island Ventures, a venture capital firm focussing on public blockchains, plus Citadel Securities, FTX Ventures, Coinbase Ventures, and Corner Capital.
The British Virgin Islands-based Hidden Road primarily caters to institutional investors. Hidden Road offers solutions for institutional investors by easing access to credit and financing, to enhance trade efficiency in global markets.
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Hidden Road offers a quantitative platform for real-time risk management, simplifying credit access throughout venues, products and asset classes. Hidden Road’s products remove complexities and costs from prime brokerage, clearing, and financing for traditional and digital assets.