# Hidden Road

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hidden-road

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.hiddenroad.com
- Total disclosed funding: $50M
- Latest round: Series A (Jul 7, 2022)
- Investors on record: 11

## About

Based in London, UK, and founded in 2018 by Marc Asch, Hidden Road Inc., operates as a provider of over-the-counter (OTC) prime brokerage services for digital assets supporting exchange-traded products. In July 2022, Hidden Road raised USD 50 million in Series A funding led by investor Castle Island Ventures, with participation from other investors Citadel Securities Americas LLC, Coinbase Ventures, Corner Capital Management, FTX Ventures, Greycroft Partners, and many more. As of 2023, the company operates from offices in New York, London, and Singapore.

The company offers a digital platform that provides various financial services, including prime brokerage of FX and precious metals, digital assets (exchanges and OTC), derivatives clearing (futures and options), sponsored access and direct market access, derivatives margin financing and digital asset margin financing solutions. The company uses a governance structure and proprietary technology infrastructure to reduce credit risk, settlement risk, and operational risk. Global liquidity providers like AlphaLab, DV Chain, Enigma Securities, Flow Traders, Da Vinci Derivatives, and many more are listed on the platform.

The company plans to use the July 2022 investment to accelerate its growth and expansion.

## Funding rounds

- Series A, Jul 7, 2022, $50M — Greycroft, Coinbase Ventures, Castle Island Ventures, Humla Ventures, Wintermute Trading Ltd, Uncorrelated Ventures, Corner Capital Management, FTX Ventures, Citadel Securities Americas LLC, Profluent Trading, LLC, SLN Capital

## Investors

- Greycroft (https://capitalatlas.ai/funds/greycroft) — Series A
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Series A
- Castle Island Ventures (https://capitalatlas.ai/funds/castle-island-ventures) — Series A
- Humla Ventures (https://capitalatlas.ai/funds/humla-ventures) — Series A
- Wintermute Trading Ltd — Series A
- Uncorrelated Ventures (https://capitalatlas.ai/funds/uncorrelated-ventures) — Series A
- Corner Capital Management (https://capitalatlas.ai/funds/corner-capital-management) — Series A
- FTX Ventures (https://capitalatlas.ai/funds/ftx-ventures) — Series A
- Citadel Securities Americas LLC — Series A
- Profluent Trading, LLC — Series A
- SLN Capital — Series A