SignalPlus has completed a $11 million Series B funding round to drive cryptocurrency derivatives innovation.

2025-01-24 22:23

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Source: SignalPlus

The leading global cryptocurrency derivatives software and infrastructure solutions provider SignalPlus has announced the completion of a $11 million Series B funding round. The round was led by AppWorks and OKX Ventures, with participation from Avenir Group and HashKey, laying a solid foundation for the next stage of strategic expansion.

Since its establishment in 2021, SignalPlus has been committed to providing institutional-grade innovative solutions for the cryptocurrency space. Led by experts in the capital markets and a technical team, the company has launched industry-leading solutions such as QuantLab and Trading Terminal, which have been highly praised by the industry. These tools, through an intuitive interface and a Wall Street-level trading engine, enable users to easily navigate the complexity of the cryptocurrency derivatives market.

“With the support of our investors, SignalPlus will further drive the evolution and institutionalization of the cryptocurrency derivatives market. The company plans to expand its market share, introduce more cutting-edge products, and align with the mainstream trends in the cryptocurrency industry to continuously enhance its business scale and market influence,” said Chris Yu, Co-Founder and CEO of SignalPlus.

This funding round will be used to drive the following three core strategic directions:

· Product Development: Expand industry-leading quantitative trading and risk management tools while developing advanced automation solutions to provide unparalleled support to institutions and individual traders.

· Global Market Expansion: Strengthen market presence in key regions, achieve rapid global market growth through hiring more talent and enhancing business development.

· Enhanced Operational Capabilities: Increase the size of the development team, optimize development infrastructure, and provide high-quality support to a rapidly expanding and diverse customer base.

Despite facing a challenging external environment, SignalPlus continues to achieve breakthrough accomplishments and deliver outstanding results:

· Successfully integrated core products into top global exchanges including Binance, Bybit, Deribit, OKX, and Paradigm, further demonstrating the widespread applicability of its technology.

· Launched a full suite of solutions covering risk management, market-making, and structured product automation, significantly enhancing the functionality of the existing platform and garnering recognition from institutional clients.

· Leveraging patented technological innovation to solidify its industry-leading position, with over 70% of the team members having a STEM background.

“We have been working with Chris and James for over a year, and their demonstrated execution and outstanding performance are impressive. They have a clear long-term vision, dedicated to shaping the future landscape of cryptocurrency derivatives trading, and are willing to make tough decisions, even sacrificing short-term gains to achieve strategic objectives. As an investment firm that collaborates with over 100 startups each year, we particularly appreciate Chris and James’ determination and excellent execution ability, their performance is exceptional.” said Jessica Liu, Partner at AppWorks.

“As one of the most active investment firms in the cryptocurrency field, we have been looking for a team that can truly elevate cryptocurrency infrastructure to an institutional level, and SignalPlus completely meets our expectations. They are building a sophisticated derivatives infrastructure, which is a standard setup in traditional finance. With a strong technical talent pool and abundant experience in traditional finance, coupled with deep integration with top global exchanges like OKX, SignalPlus clearly understands the dual challenge of technology and the market. We have invested in over 400 projects, and SignalPlus’ performance is particularly outstanding as they have delivered on their commitment to bringing Wall Street-level tools into the cryptocurrency market, which is exactly the innovation urgently needed in the market maturation process.” said Jeff Ren, Partner at OKX Ventures.

About SignalPlus

SignalPlus is a venture-backed technology company focused on building institutional-grade trading software with digital assets at its core. The company's flagship product is an all-in-one cryptocurrency trading tool, offering a full suite of pricing, analysis, and algorithmic execution capabilities, supporting multi-vendor and direct market access (DMA), ideal for high-touch trading strategies with no additional cost. In addition, SignalPlus also provides powerful automated pricing and volatility hedging tools to help users quickly launch and scale market-making businesses, driving industry growth sustainably.

SignalPlus' mission is to popularize cryptocurrency trading, committed to enabling everyone to equally access high-quality services and products.