TechFlow news, March 4 — According to The Block, Flowdesk, a France-based crypto trading firm, has raised $102 million in funding, with approximately 90% in equity and 10% (around $10.2 million) in debt financing. Guilhem Chaumont, co-founder and global CEO of Flowdesk, said the funds will support the company's expansion plans, including launching a dedicated crypto credit desk and opening an office in the UAE.
European investment firm HV Capital led the equity portion, with participation from French private equity firm Eurazeo, Cathay Innovation, and ISAI VC. The debt financing came from funds and accounts managed by BlackRock. As part of the investment, HV Capital secured a board seat at Flowdesk.
Chaumont emphasized that the debt financing is a strategic move aimed at sustainably expanding the company's balance sheet. The firm plans to use the new capital to capitalize on growing demand for tokenization, expand its over-the-counter derivatives business, and establish a dedicated crypto credit desk. Flowdesk also intends to nearly double its headcount from the current level of around 140 employees within the next 12 months and is actively preparing for the full implementation of the EU’s Markets in Crypto-Assets Regulation (MiCA).
