# 24 Exchange Bermuda

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/24-exchange-bermuda

- Industry: Financial Services
- Headquarters: Hamilton, Bermuda
- Website: www.24exchange.net
- Total disclosed funding: $12M
- Latest round: Series A (Mar 7, 2022)
- Investors on record: 3

## About

Founded in 2019 and based in Hamilton, Bermuda, 24 Exchange Bermuda Limited operates a multi-asset class trading platform that allows market participants to exchange their exposures at the lowest cost. Mr. Dmitri Galinov is the founder and CEO of the company. In December 2021, 24 Exchange Bermuda Limited raised USD 14 million in venture funding led by Point72 Ventures.

The company provides a platform that bridges the bifurcated pool of liquidity in NDFs by using a unique workflow and removing the barriers to onboard. The firm offers brokerage-free FX spot via a central dealer model and provides the first anonymous fully electronic order book for FX Swaps.  

The organization plans to use the December 2021 funding to support the expansion of the robust multi-asset trading platform to encompass additional asset classes, including equities and cryptocurrencies.

## Funding rounds

- Series A, Mar 7, 2022, $12M — Blackwells, Morgan Creek Capital Management, Aspire Financial Services, LLC

## Investors

- Blackwells — Series A
- Morgan Creek Capital Management — Series A
- Aspire Financial Services, LLC — Series A