PANews reported on March 4 that according to The Block, French crypto trading company Flowdesk has completed a $102 million financing, of which 90% is equity financing and 10% is debt financing. This round of financing was led by HV Capital, with participation from existing investors Eurazeo, Cathay Innovation and ISAI VC, and the debt financing was provided by funds managed by BlackRock. Flowdesk plans to use the funds to expand its over-the-counter derivatives trading business, launch a crypto credit department, and set up a new office in the UAE. The company also plans to double its headcount in the next 12 months, strengthen regulatory compliance, and actively respond to the implementation of the EU MiCA regulations.