Dutch cryptocurrency platform Finst completes €8 million Series A funding round.

PANews reported on January 21 that, according to Beincrypto, Dutch cryptocurrency platform Finst has completed an €8 million Series A funding round, led by Endeit Capital, with participation from existing investors Eelko van Kooten, founder of Spinnin' Records, and Mark Franse, co-founder of DEGIRO. This brings Finst's total funding to €15 million.

Founded in 2023, the platform has been authorized as a crypto asset service provider by the Netherlands Financial Markets Authority (AFM), serving retail and institutional clients in 30 European countries. The company stated that this round of funding will be used to expand into the European market, develop new products and services, including expanding collateral coverage and market-leading interest rates, increasing asset selection and platform functionality, and developing more product lines for institutional and professional users.