Thalex has raised € 7.5m to expand stablecoin-based crypto options and futures transactions.

Thalex Strategic Investors allows both Bitfinex and Bitstamp customers to access full Thalex products from their own user interface.

Thalex has closed its S Series A 7. 7.5 million partnership with strategic investors, including Bitfinex, Bitstamp, Flow Traders, IMC, QCP, and Wintermute.

The funding supports the company’s goal of facilitating crypto-currency exchanges, such as stable coin-saving crypto options and futures.

Thalex Strategic Investors allows both Bitfinex and Bitstamp customers to access full Thalex products from their own user interface.

Places on Thalex can be opened instantly and free of charge to a limited Thalex margin account with a partner exchange. The Bitfinex partnership is expected to take effect later this year.

The Thalex business platform, in collaboration with LPS and major exchanges, offers the following features:

• Online BTC and ETH contracts with multiple securities support (BTC, ETH, USDt and USDC).
• Transaction fees are set at 1 bps maker and receiver, and payment benefits are multi-legged options and future strategies (RFQ).
• With ordering books that determine future copies.
• RFQs for multi-legged options and future strategies, in any size.
• Healthy competition between liquid suppliers in competitive pay rates, marketer protection and excellent affiliate marketing plan.
• Portfolio-based margins provide capital efficiency for Delta and Vega Compensation positions, but adequate requirements for wing risks.
• An efficient liquid process that includes an automated delta fence to reduce complex risks in order to reduce market impact and bid bids.

“We are pleased to be participating in this round of financial support with Thalex and seeing great potential for a stable future for the market,” commented Paolo Ardoino of Bitfinex City.

Jean-Baptiste Graphtius, CEO of Beatstamp, said: This investment marks the beginning of a close strategic partnership and will play a key role in Bitstamp’s corporate strategy.

“Flow Traders is looking forward to supporting Thalex through our dedicated Venture Capital Division of Flow Traders Capital,” said Michael Liye, Head of Digital Assets Trading EMA. Thalex’s desire to create exchange infrastructure is another step towards making digital assets more accessible and efficient. We look forward to working with Thalex and building a long-term strategic partnership.

QCP Capital co-founder Darius City said: “Crypto options are one of the fastest growing segments of the space and have proven to be strong in many market cycles. We believe that the next stage of development will be big. The Thalex team has built a platform combining best practices in both crypto and traditional finance. We look forward to supporting Thalex in its efforts to expand the ecosystem of fast-growing cryptocurrencies.

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