Crypto broker HabitTrade completes nearly $10 million Series A funding round, led by Lizhi Technology

According to ChainCatcher, crypto brokerage HabitTrade has announced the completion of an A round of financing totaling nearly 10 million US dollars. This round was led by Newborn Town Inc., with participation from Bright Venture Capital, StableStock, and other institutions.

HabitTrade is expanding its compliant brokerage infrastructure globally and accelerating the integration of traditional capital markets with on-chain finance. Currently, HabitTrade is focusing on the Middle East market; Newborn Town Inc. has a long-established user base and mature localized operational capabilities in the MENA region. This investment is expected to accelerate HabitTrade's regional expansion in terms of traffic, resources, and market synergy.

It is reported that HabitTrade provides comprehensive brokerage services covering trading, settlement, asset custody, and tokenized stock issuance, and supports stablecoins as a settlement method for off-chain financial assets.