ChainCatcher news, French crypto market maker and liquidity provider Flowdesk has completed a $52 million Series B extension financing, with 80% being equity financing and approximately 20% ($10.2 million) being debt financing. The equity financing round was led by European investment firm HV Capital, with participation from Eurazeo, Cathay Innovation, and ISAI VC, while the debt financing portion was provided by funds managed by BlackRock. HV Capital also gained a seat on Flowdesk's board.Flowdesk plans to use the funds from this round to expand its business, including launching a dedicated crypto credit business and establishing an office in the UAE. The company's co-founder and global CEO Guilhem Chaumont stated that the debt financing is a strategic choice for the company to optimize its balance sheet while maintaining sustainable growth and avoiding equity dilution. Flowdesk previously completed a $50 million Series B financing in January 2024, at which time it was valued at over $250 million.Flowdesk was founded in 2020, with its main business covering market making, liquidity provision (including crypto ETFs), OTC trading, brokerage services, and financial management.

ChainCatcher message, according to Arkham monitoring, 2,178 LINK flowed into the Grayscale Chainlink Trust from Flowdesk approximately 15 hours ago.

ChainCatcher message, according to Arkham monitoring, about 16 hours ago, 9,074 LINK were transferred today from Flowdesk to the Grayscale Chainlink Trust.

ChainCatcher news, according to Scopescan monitoring, Flowdesk has deposited 776,000 ZRO (3.3 million USD) to Binance. In the past 24 hours, the price of ZRO has dropped by 7%.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, Flowdesk withdrew 29.61 million ATH (approximately 2 million USD) from multiple exchanges today and transferred it to Arthur Hayes, who purchased these ATH through Flowdesk OTC.

ChainCatcher news, Flowdesk CEO Guilhem Chaumont stated in an interview this week: "The company's philosophy has remained unchanged, and we are very confident about the direction of the market. Building a company, especially in the crypto space, always involves making contrarian bets and seeing what others do not see. We are not very sensitive to short-term macro events. That is why we have always been very enthusiastic about crypto innovation in the United States. It is a land of innovation and a huge market for everyone."Regarding crypto regulation in the United States, Chaumont believes that many issues can be resolved through coordination, and the EU's MiCA regulation is a successful example. He said that the EU's approach can be referenced as it eliminates the need to obtain multiple licenses from various states, a situation that still exists in the U.S. Chaumont added, "Without these bottlenecks and uncertainties, our growth rate could be three times that of France."

ChainCatcher message, according to Scopescan monitoring, before the ZRO price hit a new high, Flowdesk-related addresses withdrew $2 million worth of ZRO from Binance and Bybit.

ChainCatcher news, according to The Block, French cryptocurrency market maker Flowdesk has completed a $50 million Series B funding round, led by Cathay Innovation, with participation from Cathay Ledger Fund, Eurazeo, ISAI, Speedinvest, Ripple, and Bpifrance (the French state investment bank).Flowdesk co-founder and CEO Guilhem Chaumont stated in an interview that this is a pure equity financing round. According to insiders, the new funding round has increased Flowdesk's valuation from $100 million during the Series A round to over $250 million.

ChainCatcher news, Flowdesk has been appointed by Forge, a subsidiary of Société Générale (GLE), as the new market maker for its euro stablecoin EUR CoinVertible (EURCV).As a market maker, Flowdesk will provide liquidity for the EURCV-EUR and EURCV-USDT trading pairs and has been authorized by SG-FORGE to trade EURCV.