# SheeldMarket

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

- Industry: Financial Services
- Headquarters: Paris, France
- Website: www.sheeld.market
- Total disclosed funding: $1M
- Latest round: Seed (May 28, 2020)
- Investors on record: 4

## About

SheeldMarket SAS is a specialized digital asset trading platform in France, catering to institutional investors with a focus on liquidity and regulatory compliance in cryptocurrency transactions.Founded in 2019 by Charles Dana, Jacques Lolieux, Oliver Yates, and Simon Douyer, SheeldMarket SAS operates from its headquarters in Paris, France. The company has conducted a total of 3 deals, with its most recent funding round occurring on September 8, 2022, where it raised EUR 130,000. The current valuation of the company stands at EUR 36.267 mn, reflecting its growing footprint in the crypto market.SheeldMarket SAS functions as the only EU-licensed Crypto Prime Broker specifically designed for institutional investors. It offers a robust digital asset trading platform that allows access to over 300 crypto assets, streamlining the custody, purchase, and sale of digital assets for legal tender. The platform is tailored for institutional entities like hedge funds and asset managers, facilitating large trades with a focus on regulatory compliance and security.Revenue for SheeldMarket SAS is derived from transactional fees associated with digital asset trading. The platform engages in various transaction structures, including direct-to-consumer trades and B2B partnerships, with flexible pricing options tailored to client needs. A key feature is the request for quote (RFQ) system, enabling clients to manage order sizes and execution effectively, thus maximizing liquidity and minimizing costs in a regulated setting.Looking ahead, SheeldMarket SAS plans to leverage its recent funding of EUR 130,000 from September 2022 to enhance its platform offerings and expand into new markets. Specific upcoming products and features are under development, with targeted rollouts expected in the near future. The company is also focusing on increasing its presence in both European and North American markets, aiming to solidify partnerships that support its growth strategy.

## Funding rounds

- Seed, May 28, 2020, $1M — Ace Capital, Kima Ventures, Axeleo, Draper Dragon Fund

## Investors

- Ace Capital (https://capitalatlas.ai/funds/ace-capital) — Seed
- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Seed
- Axeleo (https://capitalatlas.ai/funds/axeleo) — Seed
- Draper Dragon Fund — Seed