BRITISH VIRGIN ISLANDS – 03/04/2024 – (SeaPRwire) – Arrow Markets, a pioneering force in the realm of crypto options trading, has secured a substantial $4 million in funding, propelling its mission to revolutionize the landscape of decentralized finance. With a visionary approach that transcends traditional methodologies, Arrow Markets is set to redefine the crypto options market by introducing a hybrid request-for-execution (RFE) system, surpassing the limitations of the conventional request-for-quote (RFQ) mechanism. This innovative approach leverages blockchain technology to deliver a seamless and user-friendly experience, delegating critical trust aspects to the blockchain itself. Backed by industry heavyweights such as Framework Ventures, Delphi Ventures, and the Avalanche Blizzard ecosystem fund, Arrow Markets is positioned as a global endeavor poised to reshape the dynamics of the burgeoning DeFi options market.
The meteoric rise in monthly options trading volume for bitcoin, which soared to a staggering $38 billion across major crypto derivatives exchanges last year, underscores the growing significance of crypto options within the digital asset ecosystem. Arrow Markets is at the forefront of this transformative wave, introducing a sophisticated Request-for-Execution (RFE) system tailored to provide quotes for option contracts on Avalanche’s C-chain seamlessly. With its cutting-edge technology and commitment to user-centric design, Arrow Markets aims to emerge as the preferred solution for retail options traders, offering competitive prices and a refined product that rivals the user experience of centralized exchanges.
Roy Learner, Principal at Framework Ventures, expressed enthusiasm for Arrow Markets’ vision, stating, “We are excited to support Arrow Markets in driving the growth of the on-chain options market.” Historically, crypto options have faced hurdles in achieving widespread adoption due to issues like capital inefficiency and illiquidity. Arrow Markets addresses these challenges head-on with its hybrid exchange model, offering a fast and cost-effective trading experience while mitigating counterparty risk. By simplifying the options trading process, Arrow Markets aims to democratize access to crypto markets, enabling both retail and institutional investors to execute various options strategies seamlessly on-chain.
Drawing inspiration from the user-friendly interface of Robinhood, a leading platform for stock options trading in the U.S., Arrow Markets is committed to delivering a comparable experience for crypto options trading on a global scale. Through its intuitive interface and comprehensive educational resources, Arrow Markets aims to make crypto options trading accessible to investors of all backgrounds and experience levels. To instill confidence in retail investors, Arrow Markets provides a testnet experience, allowing users to practice and refine their trading strategies risk-free. With Arrow Markets, users can navigate the complexities of options trading with ease, empowering them to participate in the crypto markets confidently.
Ed Mehrez, co-founder of Arrow Markets, emphasized the platform’s commitment to rewriting the rules of DeFi and driving the next wave of innovation in the space. He stated, “Just as options trading revolutionized traditional finance, Arrow Markets is poised to revolutionize DeFi, spearheading the adoption of user-friendly options markets.” By offering easy-to-buy portfolios of options and fostering a culture of confidence among investors, Arrow Markets aims to democratize access to crypto markets, empowering individuals worldwide to navigate the world of trading with precision and assurance.
At its core, Arrow Markets boasts a team of seasoned professionals hailing from diverse backgrounds in financial economics, mathematics, and computer science. The protocol prioritizes transparency in the transfer and settlement of options on-chain, while also enabling off-chain market makers to competitively quote through an intuitive costless off-chain API, further enhancing the platform’s efficiency and accessibility.
About Arrow:
Arrow Markets brings a new paradigm to options trading on Avalanche, combining centralized efficiency and on-chain transparency. Their RFQ (Request for Quote) enables traders to request quotes from multiple market makers with a single click, providing a simpler, faster, and more secure trading experience.
Contact name: Kara Komarni
Country: British Virgin Islands
SOURCE: Arrow Market
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