Flowdesk Secures $52M in New Funding, Eyes Crypto-Credit Desk and Global Expansion

France-based crypto trading agency Flowdesk is making waves again. The company has secured an additional $52 million in funding, pushing its Series B total to $102 million. The new capital, a mix of 90% equity and 10% debt, is set to fuel major expansions, including a new UAE office and plans for a crypto-credit desk.

Who’s Backing Flowdesk’s Big Move?

A funding round this size doesn’t come without heavy-hitting investors. Leading the equity portion is HV Capital, a European investment firm known for backing high-growth companies. Other notable contributors include Eurazeo, Cathay Innovation, and ISAI VC. On the debt side, BlackRock Managed Funds provided $10.2 million, further solidifying institutional confidence in Flowdesk’s growth strategy.

This funding round is a major step forward for the firm, which operates as a market maker and liquidity provider in the crypto space. By securing support from established financial players, Flowdesk is positioning itself as a serious player in digital asset trading.

Expanding Footprint: New UAE Office and Hiring Surge

Flowdesk isn’t just raising funds for the sake of it. The company plans to double its workforce, a move that signals aggressive expansion.

• A new office in the United Arab Emirates (UAE) will help the company tap into the region’s growing crypto market.
• Hiring will be a major focus, with plans to significantly increase headcount across global locations.
• Investments in technology and infrastructure will support Flowdesk’s expanding services.

With regulators in various jurisdictions becoming more crypto-friendly, expanding internationally makes sense. The UAE, in particular, has been attracting major players in the crypto and blockchain sector with its favorable regulatory environment.

What’s Next? A Crypto-Credit Desk in the Works

One of the most intriguing aspects of Flowdesk’s future plans is its move into the crypto-credit business. While the company hasn’t revealed extensive details, this could mean:

• Offering lending services to institutional crypto traders.
• Providing liquidity solutions for crypto businesses in need of short-term financing.
• Expanding beyond traditional market-making services into financial products tailored for digital assets.

The addition of a credit desk would be a significant shift. It could provide a new revenue stream while helping crypto firms manage liquidity in volatile markets. Given the recent collapses of overleveraged crypto lenders, Flowdesk’s structured approach—with backing from established financial institutions—could bring a fresh, more sustainable model to the table.

A Look at the Bigger Picture

Flowdesk’s rapid growth and strategic expansion come at a time when the crypto market is stabilizing after a turbulent period. Here’s how it fits into the larger landscape:

While many crypto firms struggled with funding over the past year, Flowdesk’s ability to secure $102 million speaks volumes. Investors are betting on its long-term potential, and its upcoming moves will determine how well it can capitalize on that confidence.

The next phase of Flowdesk’s evolution will be critical. Will it successfully integrate lending into its ecosystem? Can it scale operations without losing efficiency? One thing is clear—this crypto trading firm is gearing up for something big.