VersiFi has announced seed funding from the Hunting Hill Group (HHG). The amount of the funding was not disclosed.
VersiFi is a digital asset firm providing prime services for its customers. HHG is a digital asset investment firm focused and the investment is described as strategic as Versifi will gain guidance and support from HHG to generate product improvements. HHG’s registered investment advisor will be utilizing the services of Versifi going forward. This will include strategies across asset classes including crypto and financial instruments that reference digital assets.
VersiFi announced its official launch earlier this month as it prepares to introduce a prime services platform for digital assets by Q3 2023.
The platform is designed to bring together an ecosystem of trusted and regulated exchanges, liquidity providers, custodians and lenders to provide clients with a full-service, regulatory-compliant solution that streamlines the trading lifecycle and mitigates single-firm counterparty risk.