OneChronos Raises $40M to Expand High-Speed Auction Technology for Financial Markets

OneChronos, a technology company, raised $40 million in Series B funding led by Addition
The company operates high-speed periodic auctions to optimize financial markets starting with U.S. equities
OneChronos has facilitated over $60 billion in trades with volumes growing 35% month-over-month
The new funding will help expand to new markets and launch new auction products
OneChronos aims to optimize capital markets using advances in auction theory and AI

businesswire.com

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8/16/2023

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