Institutional Trading Platform DMALINK Tops £425,000 Funding Goal on Seedrs

Institutional trading platform DMALINK has surpassed its funding target of £425,000 on Seedrs. UK-based DMALINK aims to service institutions trading in FX and crypto globally.

According to the offering page, DMALINK is raising equity capital at a pre-money valuation of £17.3 million. The investment is EIS qualified, approved for secondary trading, and a direct investment minimum of £10,000. This is a follow-on funding round, as DMALINK has raised money on Seedrs multiple times. The first securities offering took place in 2021 when DMALINK raised over £426,000 on a funding target of £100,013 and a pre-money valuation of £10.3 million.

DMALINK benefits from an experienced team of traditional financial services types. Management has a background at firms like Barclays, Lloyds and RBS.

The offering page indicates that the company has been working with a  Tier 1 European Bank to enable a digital asset solution. The company says the are “trailblazing a new path in the merger of traditional and digital assets.”

DMALINK states:

We have been experiencing continuous growth since the release of our new tech-stack in Q4 ’22 with monthly figures exceeding the $ 8 billion mark.”

The company shares the names of several banks they are currently working with, including Credit Agricole and Nomura. A partnership with Danske Bank was just revealed this past week. Manu Choudhary, CEO at DMALINK, commented on the announcement:

“We are thrilled to welcome Danske Bank to the platform. The move is motivated by buy-side demand, meeting our goal of streaming regional eFX prices to existing and future partners.”

DMALINK’s website emphasizes its Regtech integration that, is designed by “market experts” and “driven by client demand.”

DMALINK generates revenue by a per transaction fee as well as a subscription to a real-time market data service. The company does not require monthly terminal fees or integration fees – describing the service as creating a “favorable trading condition.”

The securities offering is available for one more week.


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