"Reservoir Raises $14M for Digital Asset Trading Infrastructure"

Token Trading Infrastructure Reservoir, a startup focused on developing trading infrastructure for digital assets, has raised $14 million in a Series A funding round led by Union Square Ventures (USV). The funding will be used to further develop the company's platform and expand its team.

The company's platform, Reservoir, aims to provide a comprehensive trading infrastructure for digital assets, including cryptocurrencies and non-fungible tokens (NFTs). The platform offers a range of services, including custody, trading, and settlement, all within a single, integrated system.

Reservoir's unique value proposition lies in its ability to provide a seamless and secure trading experience for both institutional and retail investors. The platform's advanced technology and user-friendly interface make it an attractive option for those looking to invest in the digital asset market.

The Series A funding round was led by USV, a prominent venture capital firm with a strong track record in investing in early-stage technology companies. Other participants in the round included Coinbase Ventures, Polychain Capital, and ParaFi Capital.

Token Trading Infrastructure Reservoir's CEO, Robby Yung, expressed his gratitude for the support of the investors and stated that the funding will be used to further develop the platform and expand its team. He also emphasized the company's commitment to providing a secure and user-friendly trading experience for its customers.

The digital asset market has seen significant growth in recent years, and the demand for robust trading infrastructure has increased accordingly. Token Trading Infrastructure Reservoir's platform aims to address this demand and provide a comprehensive solution for digital asset trading.