Breakout, a Crypto Trading Firm, Secures $4.5 Million in Seed Funding

IconCryptoNewsTerminal Staff31 Jul, 2024

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Breakout, a Crypto Trading Firm, Secures $4.5 Million in Seed Funding

Breakout, a cryptocurrency trading firm, has raised $4.5 million in a seed funding round led by RockawayX. Other investors participating in the round included Mechanism Capital, Round13 Capital, C Square Ventures, and IOBC Capital. The investment will be used to expand Breakout's reach into the Asia-Pacific and Latin America regions. The firm currently operates in Europe and North America. The funding will also be used to develop new products and services, as well as hire additional staff. Breakout is a market-neutral trading firm that uses proprietary technology to identify and execute trading opportunities in the cryptocurrency markets. The firm was founded in 2022 by a team of experienced traders and technologists. Breakout has a proven track record of success, having generated strong returns for its investors since its inception. The crypto trading market is growing rapidly, and Breakout is well-positioned to capitalize on this growth. The firm's strong team, proprietary technology, and track record of success make it a promising investment for the future.

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