Saxo Bank Co-Founder Invests in Skynet Trading

Skynet Trading, a digital asset technology development company, announced Monday (April 22) that it has received investments from Saxo Bank co-founder Lars Seier Christensen and Edessa Capital, an investment firm in the digital asset industry.

Christensen invested in Skynet Trading through Seier Capital. The industry expert is best known in the FX industry for co-founding Saxo Bank, where he also served as co-CEO for about two decades. In 2017, he divested his stake in Saxo Bank and set up Seier Capital.

Edessa Capital is a digital asset investment firm founded by partners at Arrington Capital.

Prior to this investment, the founders of Skynet Trading raised founding capitals through cryptocurrency investments and the company was bootstrapped to profitability.

Skynet Trading believes that this transaction can solidify its position in the industry while the company continues to provide liquidity solutions. The company's co-founder said, "The addition of Seier Capital and Edessa Capital as private shareholders marks a significant milestone for the company, providing strategic input crucial for our next stage of growth."