Arrow Markets Secures $4 Million in Series-A Funding to Bring Robinhood-like Experience to Trading
*BRITISH VIRGIN ISLANDS / ACCESSWIRE / April 1, 2024 / *Arrow Markets raises $4 million in funding to revolutionize crypto options trading. Their hybrid request-for-execution (RFE) takes it one step further from a request-for-quote (RFQ) system. by providing a seamless, user-friendly experience to provide efficient options prices to users by delegating key aspects of trust to the blockchain. Arrow Markets is a global project with participation from Framework Ventures, Delphi Ventures, and the Avalanche Blizzard ecosystem fund. This round comes at a valuation of $75M demonstrating investors' confidence in the burgeoning DeFi options market and the ability of Arrow Markets to capture significant market share.
Monthly options trading volume for bitcoin reached a record high last year, with over $38B across major crypto derivatives exchanges. Arrow Markets introduces a sophisticated Request-for-Execution (RFE) system to seamlessly provide quotes for option contracts on Avalanche's C-chain. Arrow is poised to be the go-to solution for retail options traders with competitive prices, a polished product that rivals the UX of centralized exchanges.
"We are excited to back Arrow Markets to help fuel the growth of on-chain options market," said Roy Learner, Principal at Framework Ventures. Crypto options have historically struggled to gain widespread adoption due to capital inefficiency and illiquidity. Arrow's hybrid exchange aims to address these issues by enabling a fast, cheap trading experience while minimizing counterparty risk. Arrow's design will simplify the options trading experience, making it easy for retail and institutions alike to trade and settle any options strategy on-chain."
Robinhood is considered the gold standard for user-friendly stock options trading in the U.S. Arrow is bringing a comparable UX to crypto options trading globally. Arrow's user-friendly interface and comprehensive educational resources make crypto options trading accessible to investors of all levels of experience. Complex trading strategies for speculation and hedging will be precompiled into easy-to-buy options portfolios via an intuitive user interface.
To help retail investors grow confidence in their decision-making, Arrow's platform offers a testnet experience, allowing users to practice and refine their options trading strategies risk-free. With Arrow, users can easily onboard, explore, and navigate the complexities of options trading, democratizing access to crypto markets for a global audience.
"Just like options trading sparked a revolution in traditional finance (TradFi), Arrow Markets is rewriting the rules of DeFi, leading the next wave of innovation in the space - driven by user-friendly options markets. Crypto options trading can be complex, leaving many investors feeling like they're aiming arrows in the dark. Arrow Markets aims to empower everyone to refine their aim with easy-to-buy portfolios of options, navigating trading with confidence," states Ed Mehrez, co-founder of Arrow.
The core team at Arrow Markets consists of researchers and engineers from financial economics, mathematics, and computer science. Arrow's protocol emphasizes the transparent transfer and settlement of options on-chain while enabling market makers off-chain to competitively quote through an intuitive costless off-chain API.
For more information about Arrow and its mission to democratize the entire options-trading pipeline, please visit https://www.arrow.markets/
*About Arrow:*
Arrow Markets brings a new paradigm to options trading on Avalanche, combining centralized efficiency and on-chain transparency. Their RFQ (Request for Quote) enables traders to request quotes from multiple market makers with a single click, providing a simpler, faster, and more secure trading experience.
Contact name: Kara Komarni
Email: kara@incryptoland.com
Country: British Virgin Islands
*SOURCE:* Arrow Market
View the original press release on accesswire.com