DeFi Protocol DFlow Raises $5.5M From Framework Ventures, Coinbase Ventures, Others.

“If you look at equities markets, retail investors don’t trade directly on the NYSE, they trade on Robinhood against market makers, who may hedge on NYSE,” said DFlow founder and CEO Nitesh Nath, who previously worked as a quant researcher at the Chicago-based trading giant DRW. “We’re improving that system in crypto, but the high level ideas are similar.”

Source: https://www.coindesk.com/business/2023/04/25/defi-protocol-dflow-raises-55m-to-bring-purchase-order-flow-to-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines