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Omniex Announces $5M Seed Funding

2017-11-28
SAN FRANCISCO, CA, Omniex Holdings, today announced that it raised $5 million in its Seed Round of financing from institutional investors led by Wicklow Capital.
Additional investors include Sierra Ventures, Digital Currency Group, Clocktower Technology Ventures, ThirdStream Partners and others.

Omniex is tackling the main barrier to entry for institutional crypto-asset investors - lack of market infrastructure. Since crypto-assets' ascension from the retail community with the release of the Satoshi Whitepaper on Bitcoin, the institutional market has awakened to the potential of decentralized applications. With total crypto-asset market capitalization shooting past $200 Billion in 2017, new and existing institutional investors lack the market infrastructure to efficiently access this transformational asset class. Omniex is building software infrastructure that integrates front, middle, and back-office services to simplify access and remove fragmentation.

The Ominex team is comprised of Silicon Valley technologists with deep capital market expertise, including driving crypto and blockchain efforts. Omniex's co-founder and CEO, Hu Liang who was most recently Senior Managing Director of State Street Bank's Emerging Technologies Center and a startup veteran, believes "Institutional crypto-asset investors have higher standards than the general retail market. Our team is applying what we learned from building asset management and high-performance trading platforms for traditional asset classes to crypto. We're accelerating the institutional adoption of this new asset class."

The financial technology company is creating an integrated platform that has a broad array of services covering the entire crypto-asset investment and trading lifecycle. Omniex Portfolio Edge offers a complete portfolio management system (PMS) and order management system (OMS), which enables fund managers to track portfolio positions and valuations from a single interface while analyzing portfolio risk. At the heart of Omniex's solution is Omniex Execution Plus, an execution management system (EMS) that connects to multiple liquidity venues for direct market access (DMA) or algorithmic execution to achieve best-execution. Back-office activities become more streamlined via Omniex Settlement Center. All available services can be accessed through an intuitive graphical user interface or programmatically through real-time FIX APIs.

About Omniex
Omniex is a venture funded financial technology company focused on providing a complete investment and trading infrastructure for the growing crypto-asset industry. The integrated front, middle, and back-office solution offered by Omniex includes portfolio management system (PMS), order management system (OMS), execution management system (EMS) and settlement facilitation. Founded by a team of seasoned Silicon Valley technologists and banking professionals with a history of building large scale financial systems, Omniex has a deep understanding of asset management and capital markets. Combined with experience from driving crypto and blockchain initiatives in some of the largest financial institutions in the world, Omniex is paving the way for crypto-asset adoption by the broader institutional financial market.

For more information visit https://omniex.io or email marketing(at)omniex(dot)io.
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