Laevitas, a data analytics platform focused on crypto derivatives, announced the closing of a $2.5m seed round co-led by Three Arrows Capital and DeFiance Capital, with participation from CMS, Astronaut Capital, Isaac & Rick from Orca Global, Gavin from Forward Analytics and other strategic angels.
Launched in early 2021, Laevitas provides detailed data analytics for crypto futures and options markets to over 2000 daily active users and a number of hedge funds, market makers and trading firms.
Capital Plans
The seed raise will help expand its suite of analytics and research on the crypto derivatives market and provide comprehensive tools in under addressed areas such as DeFi derivatives, options pricing & risk management.
The team has grown to 20 people and this fundraise will allow it to expand further to support the continued growth of users and ecosystem partners.
Over the coming months, Laevitas will continue evolving with the launch of a new user interface, features and integrations with other leading projects in the space that will allow for seamless access to data and analytical tools.
Aside from the current available data points, the roadmap consists of integrating new tools on pricing crypto exotics, risk management using spot/vol ladders, spread analytics and vol curve construction.
Strategic Partnerships
The institutionalization of the crypto derivatives space is moving at a rapid pace and the need to be at the forefront of innovation is key. By joining forces with leading crypto funds, Laevitas is uniquely positioned to leverage their expertise in pushing access to high quality data and research with a focus on new financial instruments and DeFi protocols.
“Three Arrows Capital is proud to support the Laevitas team. We are happy users of their platform and believe in their mission of enabling traders to make better data driven decisions” — Kyle Davies, Chairman of Three Arrows Capital
“DeFiance Capital are active users of Laevitas and have been thoroughly impressed by the quality of the product and the team’s execution. Laevitas empowers users with high quality data to navigate crypto market and we are proud to support them side by side.” — Arthur Cheong, Founder of DeFiance Capital
New Markets Data
Beyond the derivatives space, Laevitas is also actively exploring the addition of data analytics on adjacent crypto market segments such as NFTs, with the ambition to be the data home for all crypto users.
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