ChainCatcher news, according to The Block, cryptocurrency proprietary trading firm Breakout has completed a $4.5 million seed round financing, led by RockawayX, with participation from Andrew Kang's Mechanism Capital, Round13 Capital, C² Ventures, and IOBC Capital. The company's co-founder and CEO Alex Miningham declined to comment on the valuation.It is reported that Breakout is a cryptocurrency proprietary trading firm based on assessments. Traders can choose between a one-step or two-step assessment plan, with account sizes ranging from $5,000 to $100,000. After securing new funding, Breakout plans to expand into the Asia-Pacific and Latin American regions and attract more users through a global alliance program.

ChainCatcher news, Raven, a crypto proprietary trading firm founded by former Wintermute employees, announced the completion of a $2.7 million seed round financing, led by Hack VC, with participation from Wintermute Ventures and several undisclosed angel investors.The company's co-founders stated that the company began this round of financing last November and completed it last month. This is an equity financing round with no token plan, and this round of financing has valued Raven at $25 million.