24 Exchange Secures $7 Million in Funding from Morgan Creek Digital, Aspire Financial, Blackwells Capital and High Net Worth Individuals
HAMILTON, Bermuda, March 7, 2022 /PRNewswire/ — 24 Exchange announced today that it has raised a $7.025 million funding round led by Morgan Creek Digital, Aspire Financial, Blackwells Capital LLC and several individual investors.
This funding round will help further expand 24 Exchange’s robust multi-asset trading platform to encompass additional asset classes, including cryptocurrencies and equities for institutional market clients. 24 Exchange’s previous capital raise of $14.25 million was led by Point72 Ventures last August.
24 Exchange also announced that on February 24 the volume of FX NDF trading on its institutional grade platform surpassed $1.2 billion. The company also said that it set a new monthly record for FX trading volume on its platform during February 2022.