Sfox is a Palo Alto–based cryptocurrency prime dealer that connects funds, family offices and high‑net‑worth clients to a global network of liquidity venues so institutions can trade high volumes without moving markets. The company reports over $9 billion in transaction volume to date and a client base that has grown 12-fold since the start of 2018. Sfox’s core product is high‑volume institutional crypto execution and prime‑dealer services. The firm plans to use new funding to build out rails and infrastructure to become an institutional crypto asset management platform. Planned product additions include advanced security and risk‑management tools, expanded infrastructure and support, and licenses to access new markets.

Total raised

$23M

Funding rounds

1

Latest round

Series A

Latest activity

Aug 2018