Zabo

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Founded in 2018 by Christopher Brown and Alex Treece, Texas-based Zabo provides an API for connecting cryptocurrency accounts to financial services applications.

Zabo allows financial services applications to let their customers link their crypto accounts and share data, including balances, transaction histories and deposit addresses. The service currently offers integrations with most of the top exchanges and wallets.

In March 2020, Zabo raised $2.5 million in seed financing from Moonshots Capital, Blockchange Ventures, Castle Island Ventures, Digital Currency Group, CoinShares, Tezos Foundation and Capital Factory, among others.

Market Spotlight Square Image

Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.

Why it matters:

Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.