finst

According to Be In Crypto, Dutch cryptocurrency platform Finst has completed a €8 million Series A funding round, led by Endeit Capital, with existing investors Eelko van Kooten, founder of Spinnin' Records, and Mark Franse, co-founder of DEGIRO, participating in the round.This funding brings Finst's total funding to €15 million. The platform was established in 2023 and has obtained authorization as a crypto asset service provider from the Dutch Authority for the Financial Markets (AFM), serving retail and institutional clients in 30 European countries.The company stated that the funds will be used to expand into the European market, develop new products and services, including broadening staking coverage with market-leading rates, increasing asset options and platform features, and developing more product lines for institutional and professional users.

ChainCatcher news, Dutch cryptocurrency exchange Finst announced the completion of a $4.4 million seed funding round, led by Sentillia, the parent company of Deribit.It is reported that Finst will use the funds from this round to expand its product line and drive its international expansion plans. Finst's trading platform debuted earlier this year and has stated that since then, it has attracted "thousands of active users" in the Netherlands by offering cryptocurrency trading at an average fee that is 82% lower than the eight exchanges registered with the Dutch central bank. (source link)