Apifiny is a cross-exchange crypto trading platform with a professional performance and seamless connectivity to global crypto exchanges.
Apifiny’s trading platform network enables professional traders to execute global cross-exchange strategies and access deep global liquidity, superior price discovery, normalized market data, tighter spreads, and higher utilization rates and capital utilization.
The company was founded in 2018 by Haohan Xu (Linkedin) and is headquartered in the greater NYC Area.
Apifiny has partnerships with several high-volume digital asset exchanges, including Huobi Global, OKEx, Kucoin, OKCoin, and Blockchain.com.
The Apifiny board includes Tim Murphy, a former deputy director of the Federal Bureau of Investigation (FBI), and Laurence Charney, former partner of Ernst & Young.
In January 2022, Apifiny Group announced plans to go public through a reverse merger with Abri SPAC. The transaction is expected to close in the third quarter, and Apifiny will then be listed on Nasdaq.
The pro forma enterprise value of the combined company is approximately $530 million, including up to $57 million of cash in Abri’s escrow account.
We rate the Apifiny on Green.