According to ChainCatcher, ABEX, a digital asset high-frequency trading company headquartered in London, UK, has announced the completion of a $6 million funding round, led by MMC Ventures. The new funds are intended to be used for launching derivatives trading and algorithmic execution solutions to improve trading execution efficiency in centralized and decentralized financial venues.
The company is registered with the UK Financial Conduct Authority (FCA), allowing it to engage in cryptocurrency trading activities.