TechFlow, June 15 — Cryptocurrency arbitrage platform Mosdex announced today the completion of a $20 million Series A funding round led by Evli Bank PLC, with participation from Lifeline Ventures' venture capital arm, NordicNinja VC, Petteri Suorsa, Magnus Eskelinen, and Jouni Väisänen. The funds will be used to expand operations globally, with the team planning to open offices in New York, Hong Kong, Singapore, London, Tokyo, and Dubai. A Mosdex spokesperson said the company aims to prioritize Europe as its primary market and will launch a cryptocurrency arbitrage solution compliant with European regulations later this year.
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