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TechFlow reported on February 7 that non-custodial Bitcoin trading platform Flashnet announced a $4.5 million seed funding round led by Abstract VC, with participation from UTXO Management, Soma Capital, HFØ, Chapter One, Accomplice, and others.
Flashnet plans to launch the first permissionless, non-custodial native Bitcoin exchange. The platform aims to eliminate counterparty risk, reduce costs, and enable 24/7 permissionless access to native liquidity.
Flashnet, a non-custodial Bitcoin trading platform, announced the completion of a $4.5 million seed round led by Abstract VC, with participation from UTXO Management, Soma Capital, HFØ, Chapter One, Accomplice, and others. Flashnet plans to launch its first permissionless, non-custodial, Bitcoin-native exchange. The exchange aims to eliminate counterparty risk, reduce costs, and enable 24/7 permissionless access to native liquidity.
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