IOTrader Raises $3.8M Strategic Round

We are proud to announce that IOTrader has closed a 3.8 million dollar strategic round, backed by seven institutional and Web3 investors: Animoca Brands, ViaBTC Capital, Everwood Capital, CANDAQ, WAGMI Ventures, Credit Scend, and Web3 Labs.

The capital was raised ahead of the $IOI token generation event and will fund continued product development, exchange listings, and growth across Southeast Asia, Latin America, and Europe.

This round gives us the partners and the runway to scale IOTrader from a proven product into a category defining platform. We built real volume and a real user base on mainnet before issuing a token. Now we are adding the distribution and liquidity relationships to take that to the next level.

A deliberate lineup

The syndicate spans the full Web3 stack. Animoca Brands brings one of the largest consumer portfolios in the industry. ViaBTC Capital brings the exchange and market making relationships needed to execute a smooth listing. Everwood Capital, CANDAQ, and Web3 Labs add institutional and infrastructure depth, while WAGMI Ventures and Credit Scend bring community distribution.

The round was covered across AP News, Business Insider, Benzinga, Investing.com, GlobeNewswire and more. You can read the coverage on our press page.