Tagomi offering prime services for sophisticated investors of Bitcoin, Ether, and other digital assets, today announced it is live and executing client trades, and that it has received the backing of several notable investors. Tagomi helps clients achieve best price execution for digital assets, who expect and require institutional operational standards, treasury management, low transaction-costs, transparency, custody solutions, and other services.
To date, Tagomi has raised $16 million from top-tier investors, including Founders Fund, Collaborative Fund, SV Angel, Joe Lonsdale, Brainchild, Digital Currency Group, ZhenFund, Box Group, Elad Gil, Charlie Noyes, and others.
“Cryptocurrency trading lacks the transparency and sophisticated execution that top family offices and wealth management firms have come to expect. I’m excited to see an ambitious team with the right experience in finance and technology fix this, creating a solution we trust,” said Joe Lonsdale, Founder of Palantir and Addepar.
Tagomi brings robust infrastructure and institutional services that sophisticated investors need to trade at scale. Tagomi’s management team is comprised of industry veterans in the fields of electronic trading technology, digital asset investing, compliance, and regulatory. The leadership team brings relevant operational experience from Union Square Ventures, Goldman Sachs, Virtu Financial, Two Sigma, Citadel, Nasdaq and other companies.
“At this nascent stage for digital assets, investors are seeking a better way to execute large trades,” said Jennifer Campbell, Chief Executive Officer of Tagomi. “We’re excited to have built that. Our focus is on providing our clients, which include financial institutions, high net worth individuals and other sophisticated digital asset investors, a comprehensive solution that eases the operational challenges associated with trading at scale in this emerging asset class.”
“Tagomi applies proven electronic trading solutions that these sophisticated investors have come to expect, and removes the operational hurdles commonly associated with digital asset investing,” said Greg Tusar, Chief Technology Officer of Tagomi.
“We’re a client-services first company that leverages best-in-class technology tools and multiple liquidity sources to help clients plan trades and receive best execution, tailored to their needs,” said Marc Bhargava, President of Tagomi. “We encourage clients to work with our specialists and leverage data when making execution choices. Early client feedback has proven the benefit of this distinguishing factor.”