TabTrader announces the closing of a $5.8m Series A funding round

By Joy Dumasia

TabTrader announced that it closed a $5.8m Series A round led by BitMEX Ventures and joined Hashkey Capital, Spartan Capital, SGH Capital, SOSV, and Artesian Venture Partners. The Amsterdam-based company has more than 400,000 active users. It plans to expand its 20-person team and focus on global expansion, including aggregation of decentralised crypto exchanges, starting with Solana based Serum, Raydium, and Orca.

TabTrader is a mobile app that allows users to trade Cryptocurrencies on multiple exchanges in one experience. TabTrader gives users the power to connect multiple exchanges and execute trades within a single app, in place of multiple browser tabs or multiple exchange apps. The application supports over 34 exchanges (Binance, FTX, Huobi, Kraken, BitMEX etc.) with over 12,000 instruments to monitor a portfolio, trade, or chart analysis. The company was founded by Krill Suslov and is based in Amsterdam.

Alexander Höptner, CEO of BitMEX, said: “TabTrader revolutionises the entire crypto trading experience by enabling traders to manage all of their exchange accounts through a unified interface. BitMEX and TabTrader share a similar mission of transforming the crypto space, and we are thrilled to support TabTrader as they continue to empower their skyrocketing user base.”

Kirill Suslov, Co-Founder and CEO of TabTrader, said: “We started on mobile because our mission is to allow everyone in the world to invest. Future developments will include complimentary web-based version of the service, the integration of more decentralised exchanges, and the addition of asset classes such as FX markets.”

Wiliam Bao Bean, General Partner at SOSV, said: “Cryptocurrencies are the quintessential cross-border financial instruments, and TabTrader’s approach to exchange aggregation on mobile took accessibility to the next level. We are very proud to have been supporting TabTrader from its earliest days.”