3Commas.io, a cryptocurrency buying and selling platform, right now introduced it has raised $three million in a Sequence A financing spherical led by Alameda Analysis. 3Commas is a non-custodial, Order Administration System (OMS) and crypto-asset administration platform that provides a unified entry level and interfaces with 23 main crypto exchanges. 3Commas gives totally automated commerce execution and portfolio administration, supported by constantly evolving methods, algorithms, and threat administration options permitting everybody from essentially the most superior of merchants to these simply beginning to study, share, and revenue.
Since launching in 2017, 3Commas has grown and developed its product extensively from listening to and implementing person suggestions. The platform at present sees 100okay lively merchants and $12B in annual mixture buying and selling volumes. Along with its superior “Good Commerce” choices, which allow customers to strategically enter and exit positions based mostly on an expansive set of triggers & circumstances, within the final 12 months the corporate has additionally launched quite a few DCA and Grid Bots and are first to market with derivatives particular Bots. Moreover, 3Commas has constructed a market for buying and selling indicators and full integration with TradingView technical indicators.
3Commas’ Founder and CEO Yuriy Sorokin mentioned, “We’re delighted and equally humbled by the arrogance positioned in our group by our traders. 3Commas was constructed on our basic perception in monetary inclusion and reasonably priced entry to the most effective buying and selling and threat administration applied sciences for all. This spherical validates our technique and lays the groundwork for additional enlargement, innovation, and international attain.”
The brand new funding spherical will allow 3Commas to additional capitalize on its place as a frontrunner in digital asset commerce automation and portfolio administration applied sciences and speed up the execution of an formidable roadmap that features modern new merchandise, integration with DeFi, and newer asset lessons. The Sequence A financing builds on an distinctive 12 months for 3Commas which noticed fast progress and the launch of its distinctive buying and selling options. The funding may also drive additional worldwide enlargement.
“We welcome 3Commas to our rising portfolio of strategic investments,” says Sam Bankman-Fried, Founder and CEO of Alameda Analysis and FTX Trade. “We’re very excited to work intently with the 3Commas group. We’re completely aligned in our mission to extend crypto adoption and supply an incredible expertise using 3Commas expertise.”