Hashflow Foundation

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Hashflow Foundation - overview

Established

2020

Location

San Francisco, CA, US

Primary Industry

Financial Services

About

Based in the US, Hashflow Foundation provides a sophisticated Request for Quote (RFQ) engine that enhances cryptocurrency trading by ensuring accurate pricing and seamless transactions for users. Hashflow Foundation, established in 2020 and headquartered in San Francisco, US, offers solutions for cryptocurrency trading. The company has completed 2 deals, with its most recent being a Series A funding round on July 21, 2022, raising USD 25. 00 mn.


The funding was supported by investors such as Altonomy, Coinbase Ventures, and Dragonfly. The founders include Brian Lynn, Varun Kumar, Victor Ionescu, and Vinod Raghavan, with Varun Kumar serving as the CEO. Hashflow's core offerings center around its advanced Request for Quote (RFQ) engine, designed to provide users with accurate, real-time pricing for cryptocurrency trades. This platform connects users to a network of over 25 top-tier market makers across major blockchain ecosystems, ensuring competitive spreads and zero slippage.


Hashflow aims to address common challenges in the trading landscape, such as failed trades and poor user experiences, by guaranteeing the quoted price and offering clean, high-intent flow. The service is tailored to meet diverse liquidity demands, whether for niche market coverage or broad asset liquidity, and it is integrated into a variety of applications, including wallets and decentralized applications (dApps). The company serves clients across various geographical markets, with a focus on regions with burgeoning cryptocurrency ecosystems, including North America, Europe, and parts of Asia. Hashflow's revenue generation model is anchored in its B2B services, where it facilitates transactions between market makers and end-users through its RFQ platform.


Clients can leverage the platform to access liquidity tailored to their specific needs, resulting in seamless trading experiences. The company operates through a partnership model, providing its services to aggregators and dApps that route trading flow to Hashflow's engine. Specific pricing plans for the services are structured around transaction volumes and the complexity of liquidity solutions provided. Hashflow's offerings, including its flagship RFQ engine, enable clients to optimize their trading strategies and enhance overall performance in the highly competitive cryptocurrency market.


In July 2022, Hashflow Foundation raised USD 25. 00 mn in Series A funding, which will be utilized to enhance its DeFi trading experience through the development of its RFQ platform and to expand operations. The company plans to introduce new products aimed at improving the trading experience, though specific product launch dates have not been disclosed. Furthermore, Hashflow aims to expand its services into new markets, particularly in regions with growing cryptocurrency demand, although specific target markets have not been detailed.


Current Investors

gumi ventures, MetaStable Capital, Galaxy Asset Management

Primary Industry

Financial Services

Sub Industries

e-Financial

Website

www.hashflow.com

Verticals

Blockchain, FinTech

Company Stage

Series A

Total Amount Raised

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