By Andrei Skvarsky.
The Trading Pit (TTP), a Liechtenstein-based proprietary trading fintech startup, has raised 10m euros ($10.4m) in its latest round of growth funding.
TTP now has the goal of achieving global access to all key asset classes, including foreign exchange, stocks, futures and cryptocurrencies, within the next six months, the firm said in a statement.
The prop trader, moreover, sets itself a two-year task of building a global infrastructure with access to up to 30 major trading platforms and service providers.
It also seeks to be a one-stop facility for online prop trading.
The bulk of the new investment came from Pinorena Capital, a private equity firm that the statement said runs “a fintech-heavy portfolio of companies”. Pinorena is headed by Illimar Mattus, a co-founder of TTP.
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