The decentralized trading platform HelloTrade based on MegaETH has completed a $4.6 million financing round, led by Dragonfly
Former BlackRock digital assets team employees Kevin Tang and Wyatt Raich have co-founded the blockchain-driven trading platform HelloTrade, which announced the completion of a $4.6 million Series A funding round, led by Dragonfly Capital, with participation from Mirana Ventures and support from angel investors.HelloTrade aims to provide global investors with access to U.S. asset investment channels through cryptocurrency technology, addressing the challenges faced by overseas users in purchasing traditional investment products like U.S. stocks. The platform also offers perpetual futures trading services, providing users with asset exposure beyond the platform's cash. Kevin Tang previously served as a Senior Director at BlackRock's digital assets team, while Wyatt Raich was the Engineering Lead at the company's digital assets lab, where they participated in the development of the iShares Bitcoin Trust (IBIT) and iShares Ethereum Trust (ETHA) ETF products. HelloTrade's products are expected to officially launch by the end of this year or early next year.