Elwood Technologies (Elwood), a platform providing institutional-grade access to digital asset markets and liquidity venues, has closed a $70 million Series A funding round co-led by one of Europe’s largest B2B investor Dawn Capital and global investment bank, Goldman Sachs.
There was additional participation from prominent investors in both the traditional finance and digital asset industries, including Barclays, BlockFi Ventures, Chimera Ventures, CommerzVentures, Digital Currency Group, Flow Traders and Galaxy Digital Ventures.
Elwood will deploy the funds to meet the needs of its rising number of institutional clients by expanding both the company’s breadth of product offerings and its global operations.
