Crypto-native algo trading firm Auros rakes in $17m


Auros, a crypto-native algorithmic trading and market making firm, has landed $17m in a funding round headed by Vivienne Court.

Also taking part in the raise were Bit Digital, Trovio, Epoch Capital, Primal Capital and a consortium of senior alumni from market making giant Optiver.

Founded in 2019, Auros’ proprietary technology stack was developed specifically for trading and market making of digital assets. Its team comprises veterans with decades of trading and technology development experience across all major asset classes.

Today, Auros is a Strategic Market Making partner for dozens of web3 projects and a leading liquidity provider to more than 30 major centralized and decentralized cryptocurrency trading venues, covering thousands of individual instruments.

This latest funding round will accelerate Auros’ mission to support builders in the web3 ecosystem through further expansion of its Strategic Market Making business, which aims to create healthy, liquid markets for all of its partners.

Auros will also use the funds to continue scaling its Derivatives Solutions business, where projects, decentralized autonomous organizations (DAOs), miners, and accredited institutions can gain access to yield, protection and participation structures from a trusted, market-leading provider.

Auros co-founder and CIO Ben Roth said, “This strategic partnership with VivCourt and Bit Digital will place Auros in a strong position to build upon our best-in-class market making offering, grow our Derivatives Solutions business and continue to expand market share in our core HFT arbitrage and relative value strategies. We are excited for the opportunities that this major milestone will bring and look forward to growing alongside all of our new partners.”

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