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Hashflow

San Francisco, CA, United States

Overview

Hashflow is a decentralized exchange platform built for interoperability, zero slippage, and MEV-protected trades. It connects institutional market makers to traders via a request-for-quote (RFQ) model that guarantees price execution and optimizes for seamless interoperability and MEV protection. The company has launched bridgeless cross-chain swaps and says its model enables trading of structured products and asset classes previously impossible on DeFi rails. Hashflow plans to offer structured products on its platform in allowed jurisdictions later this year and has released a product roadmap for the rest of the year. Founded in San Francisco in 2021, Hashflow raised a $3.2M seed round in April 2021 and recently closed a $25M Series A that values it at $400M. The company says the new capital will let it continue building and scaling its product suite and support professional market makers and liquidity-maximization initiatives. Hashflow is a Santa Monica, Calif.-based decentralized exchange that connects DeFi traders with top crypto market makers, enabling traders to receive price quotes directly and broadcast trades on-chain using Web3 wallets. The platform launched a closed private alpha with market makers offering price quotes on Ethereum mainnet. Hashflow enables market makers to retain control of inventory and pricing by using bespoke pricing strategies bridged on-chain with digital signatures rather than deploying capital in public liquidity pools or relying on pre-defined pricing functions. The company closed a $3.2M seed round and plans to use the funds to expand development efforts. In the coming weeks Hashflow plans to integrate more market makers, add additional asset pairs that dominate on-chain trading volumes, and open the product to general audiences by the end of Q2.

Total raised
$28M
Funding rounds
2
Latest round
Series A
Latest activity
Jul 2022

Industries

  • Cryptocurrency
  • Decentralized Finance (DeFi)
  • Financial Services
  • Trading Platform
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Recent funding

  1. Series A

    Jul 2022

    $25M

  2. Seed

    Apr 2021

    $3M

Team