# Altonomy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/altonomy

- Industry: Financial Services
- Headquarters: Singapore, Singapore
- Website: www.altonomy.com
- Total disclosed funding: $7M
- Latest round: Seed (Jul 15, 2019)
- Investors on record: 2

## About

Altonomy is a digital asset trading firm that provides specialized services to facilitate the acquisition and management of alternative digital assets for institutional clients and high-net-worth individuals.Founded in 2018 and headquartered in Singapore, Altonomy operates as a digital asset trading platform that offers advisory services to institutional clients. The founders, Bo Dong, Ricky L, Yikun Sun, and You Li, have brought together their expertise to form a robust trading platform. In March 2022, the company raised USD 7.00 mn during its Seed funding round from investors including 7 Blocks and Polychain Capital, bringing the total amount raised to USD 7.00 mn. Altonomy has completed 2 deals to date, with its most recent deal occurring on March 10, 2022.Altonomy specializes in providing access to alternative digital assets, offering a range of services designed for institutional clients, hedge funds, and high-net-worth individuals. Their primary offerings include a digital asset trading platform and tailored advisory services, featuring real-time analytics and risk management tools to enhance user experience. Altonomy addresses the complexities of investing in digital assets and primarily serves clients in North America, Europe, and Asia.In 2023, Altonomy reported a revenue of USD 2.08 bn, with an EBITDA amounting to USD 6.15 mn. The company generates revenue through trading fees and advisory service contracts, primarily operating on a B2B framework where institutional clients incur fees based on transaction volume executed on the platform.Altonomy aims to expand its offerings by launching new products targeting the growing demand for digital asset investment solutions. The company plans to enhance its platform's capabilities and may enter new geographic markets, with specific focus on regions where digital asset interest is escalating. The recent funding from the Seed round will be utilized to support these strategic initiatives, as the acquisition by Blockchain.com Group Holdings, Inc. in March 2022 is expected to enhance Altonomy's presence in the crypto OTC trading space.

## Funding rounds

- Seed, Jul 15, 2019, $7M — Polychain Capital, 7 Blocks

## Investors

- Polychain Capital (https://capitalatlas.ai/funds/polychain-capital) — Seed
- 7 Blocks — Seed