Crypto Data Provider Skew Raises $5M, Launches Trade Execution Platform
The $5 million round, led by Octopus Ventures, adds to a $2 million seed round raised in September of last year.
Skew will be integrated with Coinbase Prime, allowing the crypto exchange to provide real-time data analytics to its institutional clients.
Buyers showed up quickly to reverse the crypto market dip through Monday.
The cryptocurrency is expected to hold support above $30,000.
Bitcoin's options market is in the midst of its strongest bullish sentiment on record as the cryptocurrency rallies to three-year highs.
Derivative contracts on ether are more popular than ever, as evidenced by record open positions in options listed on the Panama-based derivatives exchange Deribit.