Tagomi, a crypto brokerage firm, has raised another $12 million, in a second round of funding. Combining this with the first round of funding, of $16 million, accelerates Tagomi’s position to develop crypto infrastructure for institutional investors. According to Bloomberg, Tagomi intends to act as an agent for larger investors who want to remain anonymous. Co-founder Jennifer Campbell said in an interview:
It’s really important to them to have control over how they trade and to have anonymityJenifer Campbell, Co-Founder at Tagomi
This comes to no surprise as most transactions in the crypto market are executed OTC. Tagomi hopes to fill the gap, providing an anonymity, brokerage service. Ex head of electric trading at Goldman Sachs, Greg Tusar, who also is a co-founder at Tagomi, said in the interview;
We pitch ourselves as an end-to-end solution,Greg Tusar, Co-Founder at Tagomi
Current investors in Tagomi include Pantera Capital and Paradigm.