Tagomi adds Paradigm and Pantera Capital, along with other well-known
digital asset investors, to their strong set of partners in a new round
of funding

Investors to date include Founders Fund, Collaborative Fund, Elad
Gil, Joe Lonsdale, Digital Currency Group, and Others

NEW YORK–(BUSINESS WIRE)–Tagomi Holdings Inc. (“Tagomi”), the first live electronic brokerage
offering prime services on an agency basis for sophisticated investors
of Bitcoin, Ether, and other digital assets, today announced a new round
of capital investment. Paradigm, a Yale and Sequoia backed fund, and
Pantera, the first US digital asset firm, are major participants amongst
a notable group of digital asset investors.

The fresh set of funding comes two months after Tagomi announced their
public product launch in December and brings total funding to $28mm.
Participation in this round of financing was open to clients of the
platform.

Matt Huang, Founding Partner at Paradigm and former Partner at Sequoia
said: “We are excited to partner with Tagomi as they continue to build
momentum and traction. We view their best-in-class product and team as
the next step in the evolution of how digital assets trade.”

Dan Morehead, Chief Executive Officer and Co-Chief Investment Officer at
Pantera Capital said, “We view the development of an electronic agency
offering as a critical step in empowering funds like Pantera to have
complete control and anonymity when transacting in digital assets. We
believe it is a key component to carrying out our fiduciary duty in
achieving best execution for our fund.”

With the capital from this financing, Tagomi plans to grow operations to
support and scale with client demand. Tagomi is excited to continue
improving trade execution and transparency in the digital asset space.

“We are honored that clients have voted with their feet, and we share in
their excitement of the progress Tagomi has made in improving trade
execution, transparency, and lowering operational costs in the digital
asset space. We are excited to partner with investors who have
experienced first-hand, the frustrations around the lack of
infrastructure, and work toward our shared vision of building next
generation robust trading technology, so that clients can focus solely
on developing their strategies.” said Greg Tusar, Co-Chief Executive
Officer of Tagomi, and former Global Head of Electronic Trading at
Goldman Sachs.

Tagomi clientele are a diverse group of sophisticated cryptocurrency
investors with a broad set of investment goals. Tagomi currently offers
three product lines: a portfolio management interface for longer-term
investors, an advanced trading terminal for active traders, and an API
for various types of programmatic trading. Example clients include
individual investors, family offices, digital asset funds, traditional
equity and FX traders, venture capital funds, and others.

Thomas Bailey, an investment officer at Four Arrows, the office of the
Bailey Family, said: “Venture capital firms, family offices, and others
who are interested in a cost-efficient and direct exposure to digital
assets face a variety of challenges. I see Tagomi as solving those
challenges and presenting the institutional community with a
streamlined, professional end to end service which is simple and
transparent to the user, while very effectively tackling the issues of
best execution, custody, and treasury management.”

Tushar Jain, Managing Partner of Multicoin, said: “The Tagomi team
deeply understands the many nuances of the complex crypto market
structure. We believe that Tagomi’s unique agency electronic model
aligns them to partner and work with us to provide access to liquidity
and financial products which help us more efficiently execute our fund
strategy.”

As the market for digital assets matures, investors have a growing need
for automated solutions that empower them to enter and exit the market
with ease. Tagomi’s backing from significant industry players bolsters
its commitment to offering a seamless option for cross market execution,
and lays the groundwork for cryptocurrency to grow as an institutional
asset class.

About Tagomi Holdings, Inc.:

Tagomi is an electronic brokerage for digital assets, combining
institutional-grade services with proven robust infrastructure that
clients have come to expect in other institutional asset classes. Tagomi
provides access to best-priced liquidity, low commissions, and maximized
client returns, helping usher in transparency in otherwise opaque
markets. Tagomi’s offering includes: seamless cross market execution, a
library of advanced algorithms, post-trade reporting, one-click
settlement and custodial solutions. By reducing frictions related to
operations and infrastructure in an end-to-end trading solution, Tagomi
allows clients to focus on their alpha and maximize their returns. For
more information visit www.tagomi.com.

Contacts

Shira Almeleh
Edelman
[email protected]
212.704.8265

Jessica
Lee
Edelman
[email protected]
212.277.3808