3Commas.io Raises $3 Million in Series A Funding

3Commas.io Raises $three Million in Sequence A Funding

3Commas.io, the self-described “main non-custodial commerce automation platform in crypto and now providers over 100,000 customers on all main exchanges with mixture buying and selling volumes exceeding $12B in 2020,” has raised $three million in Sequence A funding, in line with a press launch from the group.

This spherical was lead by teams like Alameda Analysis, and 3Commas will likely be utilizing the cash to “additional capitalize on its place as a pacesetter in digital asset commerce automation and portfolio administration applied sciences and speed up the execution of an bold roadmap that features progressive new merchandise, integration with DeFi, and newer asset lessons. The Sequence A financing builds on an distinctive yr for 3Commas which noticed fast progress and the launch of distinctive business main buying and selling options. The funding will even drive additional worldwide enlargement,” the discharge continues.

Sam Bankman-Fried, the Founder and CEO of Alameda Analysis and FTX Trade, shares some ideas on the matter:

“We welcome 3Commas to our rising portfolio of strategic investments. We’re very excited to work carefully with the 3Commas crew. We’re completely aligned in our mission to extend crypto adoption and supply a tremendous expertise using 3Commas know-how.”

Bear in mind, all buying and selling carries danger. Previous efficiency isn’t any assure of future outcomes.