Vestigo Ventures and CMT Digital invest in crypto asset data provider FRST

Vestigo Ventures and CMT Digital invest in crypto asset data provider FRST

Vestigo Ventures, an early-stage venture capital firm focused on making investments in fintech companies, and CMT Digital, a division of the CMT Group, focused on crypto asset trading, blockchain technology investments and legal / policy engagement, announced today the participation in a $3.4 million financing round for FRST, the leading provider of timely, high-fidelity, actionable data for  professional traders of digital assets.

The funding round was led by CMT Digital and Vestigo Ventures. Other participants in the round included Akuna Capital and principals from Premier Asset Management and Oak Ridge Investments.

FRST is an enterprise-grade, trading-floor-ready technology suite that allows professional traders to perceive, categorize and act upon transactions involving digital assets. The company’s technology rapidly identifies digital currency token trades before they are moved from a wallet to an external party or exchange, providing important insights for firms trading cryptocurrencies.

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