German Cryptocurrency Market Maker Tradias Completes Series A Financing and Receives Securities Trading Bank License

On October 8, German cryptocurrency market maker Tradias closed a Series A round of funding and received a securities trading bank license from the regulator.The company has not disclosed the exact amount of the funding or information about the investors, but only said that several small- and medium-sized family wealth management room investors participated in the round.Tradias had previously been using the license of its parent company, Bankhaus Scheich, and the new funds will be used to support higher expected transaction volumes and European market expansion.