# American Trade Exchange

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/american-trade-exchange

- Industry: Financial Services
- Headquarters: Green Bay, US
- Website: www.sequoir.com
- Total disclosed funding: $1.7M
- Latest round: Seed (Apr 4, 2022)
- Investors on record: 5

## About

Based in Green Bay, US, and founded in 2018 by Justin Seidl and Seth Ollila, American Trade Exchange, Inc., dba Sequoir, operates as a financial technology firm providing Bitcoin trading APIs to power banks, credit unions, and Web 3.0. In April 2022, American Trade Exchange, Inc. raised USD 1.7 million in seed funding led by new investor Grey Elephant Solutions, LLC, with participation from other new investors Wisconsin Investment Partners, The Bank of Kaukauna, Bristol Morgan Bank, and Tundra Angels.

American Trade Exchange, Inc. develops an application integration software (API) that enables users to buy, sell, and custody digital assets and enables Bitcoin, Ethereum, and other digital asset execution, settlement, and custody to be embedded within the fintech app or financial institution.

The company plans to use the funds for product development, legal and compliance, accelerating sales, obtaining money transmitter licenses in multiple states, and building digital banking integrations.

## Funding rounds

- Seed, Apr 4, 2022, $1.7M — Wisconsin Investment Partners, Tundra Angels, Grey Elephant Solutions, LLC, Bristol Morgan Bank, The Bank of Kaukauna

## Investors

- Wisconsin Investment Partners (https://capitalatlas.ai/funds/wisconsin-investment-partners) — Seed
- Tundra Angels (https://capitalatlas.ai/funds/tundra-angels) — Seed
- Grey Elephant Solutions, LLC — Seed
- Bristol Morgan Bank — Seed
- The Bank of Kaukauna — Seed