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What is floating point group?

Floating Point Group is a cryptocurrency trading platform leveraging smart order routing to provide a “single point of access to digital currency markets.” The New York City-based startup has recently raised $2 million from venture capital firms, serial angel investor Naval Ravikant, and many mainstream financial institutions.

Did floating point group close a series A funding round?

Floating Point Group (FPG) closed a Series A funding round on Wednesday, securing $10 million in capital to expand its growing operations.

Will floating point group hire a US-based software engineer?

Floating Point Group says it plans to use the capital to hire several U.S.-based software engineers to meet “surging investor demand” and to expand into new markets. The Series A round included Tribe Capital, Coinbase Ventures, FAST by GettyLab, Borderless Capital, CapitalX and Formulate Ventures.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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