Sk3w Technologies received $7 million from investors in a Series A investment that was supported by Citadel Securities, IMC, and Tower Research Ventures. Former investors include Mr. Tom Joyce, Tower Research Ventures, Jump Trading, Optiver, IMC, and XR Trading.
The company’s main goal is to provide an open and transparent accessibility into the trading ecosystem while levelling the playing field for latency in exchange access services, as reported by bwdisrupt.com
Co-founder Craig Mohan, said, “We are tremendously proud of the way our technology solves a very real, though intangible-to-many, problem in modern markets, and we will continue to refine our solution such that it improves alongside other best-of-breed industry technologies. We are very appreciative of this investment and will add headcount to our already outstanding engineering team.”
“Fair access is a non-negotiable requirement for modern markets. IMC is excited to help Sk3w deliver a cutting edge solution to the age-old problem of ensuring that all market participants can compete on a level playing field,” said Jurjen Koksma, IMC’s Global Head of Business Strategy and Co-Head of IMC.
About Sk3w Technologies
Craig Mohan and Chad Milam formed Sk3w Technologies in 2020. The biggest exchange in the USA relies on the Sk3w team to offer technical solutions and consulting for fair access to markets. Due to its connections, standing, and combined expertise, Sk3w has been able to secure contracts with the top exchanges and the data centres where they are housed as leading specialists in Exchange Access Solutions.