French crypto trading company Flowdesk has completed US$102 million in financing, of which approximately 90% is equity financing and 10%(approximately US$10.2 million) is debt financing. This round of financing will support the company’s expansion plans, including the launch of a dedicated crypto credit service desk and the opening of offices in United Arab Emirates. European investment institution HV Capital led the round of equity financing, with Eurazeo, Cathay Innovation and others participating. Debt financing comes from funds and accounts managed by BlackRock. As part of the investment, HV Capital acquired a seat on Flowdesk’s board.(The Block)
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