DFlow Secures $5.5M in Funding to Provide Transparent and Market-driven Price Discovery for Order Flow.
April 26, 2023
Chicago, IL - DFlow, a novel payment-for-order-flow marketplace, announced today that it has raised $5.5 million in funding. The funding round was led by Coinbase, Framework Ventures, The Spartan Group, Wintermute, Zee Prime Capital, Cumberland, and Circle Ventures. The round marks a significant milestone for the company and highlights the growing interest in payment-for-order-flow (PFOF) platforms.
DFlow, founded by Nitesh N., aims to provide transparent and market-driven price discovery for order flow. On DFlow, crypto-native brokerages sell order flow to professional market makers through fully decentralized and customizable auctions. The platform allows for complete transparency in the pricing and execution of order flow, creating a fair and open marketplace for all parties involved.
"We're thrilled to have such a strong group of investors supporting us in our mission to revolutionize the payment-for-order-flow industry," said Nitesh N., founder of DFlow. "With this funding, we'll be able to scale our platform and continue to provide our users with the most transparent and efficient PFOF marketplace available."
For more information on DFlow and its payment-for-order-flow marketplace, please visit their website at https://dflow.net/.