Share this article
Trading Technology Provider BlockFills Raises $37M for Expansion
The Series A was led by a number of institutional investors including Susquehanna Private Equity, CME Ventures and others.
Updated May 11, 2023, 4:03 p.m. Published Jan 20, 2022, 12:04 p.m.
BlockFills, a Chicago-based digital asset trading technology company, has raised $37 million in Series A round to fuel its expansion plans.
- The funding round was led by a number of institutional investors like Susquehanna Private Equity, CME Ventures, Simplex Ventures, C6E, Nexo Inc. and others.
- BlockFills aims to be a one-stop shop for financial institutions that wish to develop a digital asset trading business.
- While institutions will be increasingly looking to offer digital asset services, many might not have the technical infrastructure needed to do so, which is what BlockFills seeks to address.
- BlockFills intends to use the capital to offer more upscaled services to asset managers and hedge funds, such as risk mitigation and hedging strategies, according to an announcement on Wednesday.
- The funding will also be used to expand its financing service for crypto miners. Since August 2020, the company has provided around $150 million capital to finance mining pool technology and trading support.
Read more: Zero Hash Raises $105M in Series D Funding Round
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
From Wall Street to the World Cup: How Football Became Crypto’s Biggest Gateway Drug
As institutions are laying the groundwork for wider crypto adoption from the top down, it’s being met by rising interest from football fans from the ground up.
Top Stories
