Cryptocurrency startup Atani, a company offering a one-stop trading suite for crypto enthusiasts, is thrilled to announce the completion of a successful seed funding round for $6.25 million.
Notable European venture capital funds participated in the round, led by JME Ventures, early investor in unicorn Flywire. Conexo Ventures, Encomenda Smart Capital and Lanai Partners joined the round, in addition to participation from a roster of individual investors that includes serial entrepreneurs, experts in crypto, blockchain technology, finance, legal affairs and crypto taxation. The seed investment follows a pre-seed round for $750,000 secured in May 2019, bringing Atani’s total funding to $7 million.
Atani is an innovative all-in-one non-custodial platform designed for crypto traders and investors. The platform enables trade execution, portfolio monitoring and charting across 20+ crypto exchanges through a single interface, all in real time, and for free. Users of the platform also benefit from having an integrated tax-reporting tool, which generates an automatic report for 30+ countries.
“We started investing in Bitcoin back in 2013 and have experienced first-hand the growing sophistication and fragmentation of the crypto market. The pains of interacting with different exchanges, managing multiple trading tools or dealing with taxes drove us to build Atani” said Paul Barroso, Co-founder & CEO of Atani. “With our latest seed funding, we are ready to bring a seamless crypto trading experience across spot, futures and DeFi to users in every corner of the globe” added Haydée Barroso, Co-founder & COO.
“We believe Atani is one of just a few startups really addressing the needs of cryptocurrency traders,” added Samuel Gil, partner at JME Ventures. “Compared to traditional stockbrokers, cryptocurrency trading platforms provide a very poor and fragmented user experience and lack the proper portfolio management and tax accounting tools. Atani effectively solves those pain points.”
The Atani platform is available for free on Windows, Mac OS and Linux. Following a security-first approach, Atani has built a non-custodial desktop platform. Atani does not have access to users’ funds or API keys. The users connect their exchanges through their API keys, which are secured by military-grade AES-256 encryption and never leave their personal device. Atani provides tick-by-tick order book data in real time, and its API connection to exchanges allows trading to continue even when the exchange’s web platform is down.
Users can connect their exchanges and generate an audited tax report, valid in over 30 countries. The report calculates the proper amount owed on all trades, even those executed before using Atani.
In addition, Atani features a portfolio aggregator, advanced order types and a trading calculator, as well as a customizable price alerts system. Users can receive up to 1,000 emails, 200 SMS and 30 phone calls per month, letting them always be on top of the markets even when they are away from the trading terminal.
Atani is available globally and its product is completely free. The company will use the funding to accelerate its global expansion and launch premium features, such as API trading, for advanced traders and developers.