PANews reported on January 24 that according to The Block, SignalPlus, an Asia-based crypto derivatives trading software provider, has completed a US$11 million Series B financing round led by AppWorks and OKX Ventures, with participation from Avenir Group and HashKey.

Founded in 2021, SignalPlus provides institutions with crypto derivatives trading tools. Its products include QuantLab and Trading Terminal, which are widely used on platforms such as Binance, Bybit, Deribit, OKX and Paradigm. The company plans to use the new funds to expand its quantitative trading and risk management products and further expand its global business through recruitment.