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Latham Advises Elwood Technologies on its US$70 Million Series A

May 16, 2022
Funding round to support the global expansion of the digital assets trading platform.

Latham & Watkins has advised Elwood Technologies, a platform providing institutional-grade access to digital asset markets and liquidity venues, on its US$70 million Series A funding round. Elwood will deploy the funds to meet the needs of its rising number of institutional clients by expanding the breadth of its product offerings and its global operations.

The round was co-led by Dawn Capital and Goldman Sachs, with participation from Barclays, BlockFi Ventures, Chimera Ventures, CommerzVentures, Digital Currency Group, Flow Traders, and Galaxy Digital Ventures.

The Latham team was led by London corporate partner Shing Lo, with associates Jon Fox and Ryan Martin.