# Byte Trading OÜ

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/byte-trading-ou

- Industry: Financial Services
- Headquarters: Tallinn, Estonia
- Website: www.byte-trading.com
- Total disclosed funding: $7M
- Latest round: Seed (Jan 18, 2022)
- Investors on record: 6

## About

Based in Tallinn, Estonia, and founded in 2021, Byte Trading OÜ is a proprietary trading firm providing liquidity in crypto assets and certain derivatives referencing crypto assets. In January 2022, Byte Trading OÜ raised USD 7 million in seed funding led by new investor Redalpine Venture Partners, with participation from other new investors Courage Ventures, D4 Ventures, Dogan Online, L1 Digital, and Possible Ventures.

The company operates as a service provider for liquidation on centralized and decentralized exchanges. The company is developing the infrastructure and a derivatives native technology stack for pricing and risk management.

The funding in 2022 will be used to expand the team size, integrate more exchanges, and grow its assets under management (AUM) by 50 times by 2023.

## Funding rounds

- Seed, Jan 18, 2022, $7M — Redalpine, Dogan Online, L1D, D4 Ventures, Courage Ventures, Possible Ventures

## Investors

- Redalpine (https://capitalatlas.ai/funds/redalpine) — Seed
- Dogan Online — Seed
- L1D (https://capitalatlas.ai/funds/l1d) — Seed
- D4 Ventures (https://capitalatlas.ai/funds/d4-ventures) — Seed
- Courage Ventures (https://capitalatlas.ai/funds/courage-ventures) — Seed
- Possible Ventures — Seed