Singapore crypto copy-trade platform raises $3m ahead of launch

Alpha Impact looks to add more developers with fresh cash infusion

20210426 Alpha Impact

Alpha Impact's copy-trading platform allows users to mimic the moves of more experienced cryptocurrency traders.

RACHEL PHUA, DealStreetAsia

SINGAPORE -- Singapore-based cryptocurrency copy-trading platform Alpha Impact has raised $3.1 million in a funding round led by LuneX Ventures, Genesis Block Ventures, Solidity Ventures, SMO Capital and an undisclosed high-frequency trading company, co-founder Hayden Hughes told DealStreetAsia.

Other investors in the round included Axia8 Ventures, Krypital Group, Spark Capital and angel investors.

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