The round included returning investors Electric Capital, Dragonfly Capital Partners, LedgerPrime, and Balaji Srinivasan, along with crypto-native new investors and market participants including Jump Crypto, Wintermute Trading, GSR, Kronos Research, and Altonomy. Other investors include Coinbase Ventures, Kraken Ventures, Fabric Ventures, Evernew Capital, Spacewhale Capital, and angel investors Meltem Demirors, Anthony Sassano, and Jason Choi. This raise comes just over one year after Hashflow's seed round of $3.2M was announced in April 2021.

Hashflow is a decentralized exchange platform designed for interoperability, zero slippage, and MEV-protected trades. Founded in San Francisco in 2021, Hashflow connects institutional market makers to traders using a novel request-for-quote (RFQ) model. In turn, traders and liquidity providers gain access to enhanced efficiency, security, and products previously impossible in DeFi.