Zodia Markets raises £13.6m in a Series A round led by Pharsalus Capital to expand international operations.
Pharsalus Capital led the Series A round to accelerate international growth and develop stablecoin payment solutions.
Zodia Markets operates a digital asset platform that connects institutional capital with stablecoins for wholesale trading and settlement. The firm provides multi-currency trading across over seventy digital assets and twenty fiat currencies.
Zodia Markets has secured £13.6m in a Series A funding round led by Pharsalus Capital. The raise included backing from Circle Ventures, The Operating Group, XVC Tech, Token Bay Capital, Human Capital, and other strategic investors.
The capital will be directed towards international expansion and the development of stablecoin payment solutions. Additional institutional trading products are planned to reinforce the platform cross-border capabilities.
Founded in 2021, the company has previously received backing from SC Ventures and OSL Group. The latest financing highlights growing demand for real-time wholesale trading and settlement infrastructure.
From the founder
"Their participation signals confidence not just in our model, but in our role as a leader in reshaping and redefining wholesale capital movement."
Usman Ahmad
Co-Founder and CEO at Zodia Markets
Use of funds
- 01Expand into international markets
- 02Continue product development
Investors
Pharsalus Capital
Circle Ventures
The Operating Group
XVC Tech
Token Bay Capital
Human Capital
Categories
About the company
Zodia Markets
A digital asset platform enabling institutional capital through stablecoins.