PANews reported on May 8th, according to official news, that digital asset trading infrastructure provider GoQuant has announced the completion of a $4 million seed round financing, led by cryptocurrency investment firm GSR. Other investors include Copper.co, Lombard Odie, Capital Union Bank, TYR Capital, and FRNT Financial. The new funds will be used to enhance the performance of trading infrastructure, providing institutional clients with faster execution speeds and a more transparent trading environment.
According to reports, GoQuant was established in 2022, and its trading system currently processes millions of orders daily, offering smart order routing services for institutional clients across centralized exchanges, decentralized platforms, and over-the-counter markets. The platform integrates real-time market data, trading cost analysis tools, and risk management features to help institutions optimize digital asset trading strategies.