Cryptocurrency broker HabitTrade has completed nearly $10 million in Series A financing, led by Chuangshi Capital

Cryptocurrency broker HabitTrade announced the completion of nearly $10 million in Series A financing, led by Newborn Town Inc., with follow-on investments from Bright Venture Capital, StableStock, and other institutions.

HabitTrade is expanding its compliant brokerage infrastructure globally and accelerating the integration of traditional capital markets with on-chain finance. HabitTrade is currently focusing on the Middle Eastern market; Newborn Town Inc. has a long-established user base and mature localized operational capabilities in the MENA region. This investment is expected to provide accelerated support for HabitTrade's regional expansion in terms of traffic, resources, and market synergy.

It is reported that HabitTrade offers comprehensive brokerage services, including trading, settlement, asset custody, and stock tokenization issuance, and supports stablecoins as a settlement method for off-chain financial assets.