💰 Institutional trading platform Caspian raises $16 million

New startup Caspian, a combination of Kenetic, a crypto firm based in Hong Kong, and Tora, a trading systems firm that provides order execution, portfolio management, risk assessment and compliance services has raised $16 million through a token presale. Investors in the round include Kenetic, Galaxy Investment Partners, Octagon Strategy, Techemy Capital, Global Advisors, and Bletchley Park. Caspian aims to bring professional trading tools to the cryptoasset space. The Caspian token will be used to access services from the site at a discounted price once the platform is live.

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