Encrypted data provider skew completes $ 5 million in financing and launches transaction execution platform

London-based cryptocurrency data analysis provider skew completed a $ 5 million financing to help establish a new brokerage service, and the company also announced the launch of a transaction execution platform. This round of funding is led by Octopus Ventures, a venture capital fund of 1.2 billion pounds in London. skew specializes in institutional-level customers and provides analysis services on the real-time overview of the cryptocurrency derivatives market, which includes more than 100 crypto futures and options charts, and many of the tools it launches or are about to launch have a Bloomberg terminal style. The skewTrading platform will first focus on the execution of over-the-counter (OTC) block trading of bitcoin options and futures contracts provided by CME Group (CME). skew was founded by Emmanuel Goh and Tim Noat in September 2018. The two co-founders previously served as stock derivatives traders for JPMorgan Chase Bank and Citibank. Lianwen previously reported that skew received US $ 2 million in seed funding in September last year. The funding round was led by FirstMinute Capital. Participating investors include Seedcamp, Kima Ventures, QCP Capital and Kleiner Perkins.