Cryptocurrency Derivatives Series: London-Based Crypto-Derivatives Data Provider Company’s Seed Funding Raises $2 Mln

‘Skew.’, which is a London-based crypto-derivatives company, has made an announcement that they managed to raise funds about $2 million in a seed financing round to enhance its data offering for the cryptocurrency derivatives market.

The seed round was led by FirstMinute Capital, the renowned UK’s venture capital firm, Kleiner Perkins, Seedcamp, Kima Ventures, and QCP Capital have also participated in the investment activity.

The prime objective to raise this fund is that ‘skew.’ has intentions of developing its flagship derivatives data platform called ‘skewAnalytics’.

The real-time crypto-derivatives market data with diagrammatic representation on crypto futures and options would be available on this platform.

According to coindesk sources, the co-founder and CEO of Skew, Emmanuel Goh, the data available at ‘skewAnalytics’ would be of institutional standards which is the most essential to strategize their investments. As a result, the company’s project is also luring such client base and registered considerable growth with the help of institutional-grade tools.