Automated crypto trading startup 3Commas raises $37 million

Quick Take

  • 3Commas, an automated trading bot platform for crypto, has raised $37 million in a Series B funding round. 

3Commas, an automated trading bot platform for crypto, has raised $37 million in a Series B funding round. 

The round was led by Alameda Research, Jump Capital, Target Global and Dmitry Tokarev, CEO and founder of the institutional-focused crypto firm Copper. 

Among the uses of the $37 million was the formation of a subsidiary known as DeCommas, with a focus on automating access to decentralized finance (DeFi) protocols.

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"We are excited to continue to build technology that democratizes access to the transformational benefits of crypto by relentlessly advancing our technology and offering a suite of developer tools to make 3Commas the destination for investment app innovation," Yuriy Sorokin, 3Commas's founder and CEO, said in a press statement.

3Commas raised a $3 million round, with backing from Alameda, in 2020, as The Block previously reported. 


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