Cryptocurrency trading execution tool provider Anboto Labs has completed a $3 million financing round, with participation from Kronos Ventures and others

ChainCatcher news, according to The Block, cryptocurrency trading execution tool provider Anboto Labs completed a $3 million funding round in the third quarter of this year, with participation from Kronos Ventures, Cherry Crypto, Mechanism Capital, XBTO, and Matrixport.

Anboto co-founder Guillaume Forcade stated that this new funding builds on the $1.9 million raised last year, bringing the company's valuation to $35 million.

It is reported that Anboto provides cryptocurrency traders with a unified smart execution platform that allows trading across exchanges, networks, and applications. Anboto offers a suite of algorithmic trading tools, including Time-Weighted Average Price (TWAP), Volume-Weighted Average Price (VWAP), and Iceberg.