Flowdesk Raises $102M from BlackRock, HV Capital to Expand Crypto Trading Globally

Author - personCMO Intern

3/06/2025

4:59 PM · Mar 4, 2025 – Flowdesk, a leading digital asset trading and technology firm, today announced the close of a $102 million financing round. The round includes equity financing from HV Capital and continued support from existing investors Eurazeo, Cathay Innovation, and ISAI, alongside a debt facility from funds and accounts managed by BlackRock. This significant investment underscores Flowdesk's commitment to building institutional-grade trading solutions for the evolving digital asset ecosystem and accelerating its global expansion.

Flowdesk plans to utilize the funding to bolster its position as a premier liquidity provider and OTC trading firm. Key initiatives include scaling its OTC derivatives business, launching a dedicated crypto credit desk, and expanding its compliance and technology teams. These investments will enable Flowdesk to meet the increasing institutional demand for robust market-making infrastructure and cater to the growing complexity of the digital asset market. The company also plans to double its headcount and open new offices in key jurisdictions, including the UAE, further solidifying its global presence.

A Proven Track Record of Innovation and Growth

Since its inception in 2020, Flowdesk has rapidly established itself as a key player in the crypto industry. Its Market-Making as a Service offering provides a plug-and-go solution for token issuers, enabling them to manage liquidity and trading strategies across over 140 centralized and decentralized exchanges globally. This innovative approach, combined with a focus on regulatory compliance, has fueled Flowdesk's impressive growth, with revenues increasing eightfold in 2024.

Flowdesk's expertise extends beyond market making to encompass OTC trading, treasury management, and cutting-edge trading technology. The company provides deep liquidity and competitive pricing across spot, derivatives, and structured products, leveraging proprietary algorithms and risk management tools to minimize market impact for its clients.

Embracing the Future of Finance: Tokenization and Beyond

Flowdesk recognizes the transformative potential of tokenization in reshaping financial markets. The company has actively collaborated with token issuers to facilitate liquidity for tokenized assets and plans to expand its services to encompass stablecoins, tokenized securities, and money market funds. This forward-looking strategy aligns with the growing institutional interest in on-chain assets and positions Flowdesk at the forefront of this evolving landscape. In 2024, Flowdesk played a crucial role as a Liquidity Provider for several Bitcoin ETF issuers, further demonstrating its commitment to supporting the maturation of the digital asset market.

Strong Partnerships for Continued Success

The participation of prominent investors like HV Capital and BlackRock validates Flowdesk's vision and achievements. This strategic partnership will provide Flowdesk with the resources and expertise necessary to further innovate and expand its offerings, solidifying its position as a leader in the digital asset trading space. The company's commitment to compliance and regulatory adherence, particularly in anticipation of the Markets in Crypto-Assets (MiCA) regulation, further strengthens its appeal to institutional clients.

About Flowdesk

Flowdesk is a French crypto market maker offering a comprehensive suite of crypto-financial services. Specializing in market-making, OTC trading, and treasury management, Flowdesk's Market Making as a Service provides a plug-and-go tech solution for token issuers, enabling them to manage liquidity and trading strategies across both centralized and decentralized exchanges globally. Flowdesk is registered as a Digital Asset Service Provider with the Financial Market Authority of France.