The startup offers an online trading platform that utilizes distributed ledger technology to facilitate financial settlement systems for digital assets. By providing end-to-end services across the transaction chain, the platform enables OTC venues, brokers, and trading companies to efficiently manage price discovery, risk, order matching, and balance settlement.
Funding
$16M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional financial settlement systems often face challenges in managing digital assets due to inefficiencies in price discovery, risk management, order matching, and balance settlement, especially in over-the-counter (OTC) venues. Existing systems lack the comprehensive, end-to-end services needed to streamline the entire transaction chain for digital assets.
Solution
Hydra X offers a compliant ecosystem for capital market assets, transforming how digital markets operate through its technology and services. The platform provides a comprehensive capital markets infrastructure designed to support both traditional and tokenized assets. Hydra X simplifies the creation, issuance, and management of compliant tokenized assets, with seamless integration across their lifecycle. It accelerates capital raising from security token offerings (STOs) to private placements and supports secondary markets for various asset types.
Target Audience
Hydra X targets exchanges, banks, issuers, intermediaries, and other capital market participants seeking compliant, secure, and scalable solutions for managing digital assets.
Features
- Tokenization engine that simplifies the creation, issuance, and management of tokenized securities and real-world assets (RWA)
- Digital distribution platform that accelerates capital raising processes
- Core exchange solutions that support secondary markets for traditional and tokenized assets
- CLOB matching engine optimized for high-performance trading with ultra-low latency and scalable throughput
- RFQ system that enables seamless bilateral and multilateral negotiations
- Price streaming and aggregation system that delivers real-time price feeds
- Order Management System (OMS) that optimizes trade workflows across multiple asset classes
- Digital Asset Custody solution that provides secure, regulatory-compliant infrastructure
- Support for multiple EVM-compatible protocols, including public and private blockchains
- Compliant with ISO and SOC2 standards, ensuring full regulatory adherence