London: altFINS, a platform enabling investors and traders to screen, analyze and trade digital assets, raised over €1 million in seed-funding led by CB Investment Management.
altFINS will use this fresh capital to further expand its platform’s capabilities and scalability, allowing even more private and institutional investors to make well informed investment decisions and gain exposure to digital assets.
Founded in 2018, altFINS represents a comprehensive, yet intuitive platform that enables investors and active traders to aggregate data and news, analyze altcoins, and find and execute trade ideas while monitoring their portfolios of digital assets across exchanges.
Crypto markets are highly fragmented with over 1,000 unique digital assets traded across 300 crypto exchanges. With existing market players focused mainly on trade execution (exchanges, brokers, OTC desks, trading tools) altFINS’ emphasis on pre-trade and post-trade analytics helps traders generate trading ideas and understand their performance across multiple crypto exchanges.
Richard Fetyko, founder of altFINS commented: “We estimate that there are around 50 million crypto investors today and we believe that crypto will continue to gain an allocation in most investors’ portfolios, particularly among millennials and the digital native generation Z. altFINS will be there to guide them along the investment path and help them to achieve their wealth management goals.”