Fintech infrastructure sector is making big moves again. A professional trading infrastructure provider has just completed a $150 million Series D funding round, with its valuation soaring to $1.15 billion.

The lineup of investors in this round is impressive — Drive Capital led the investment, along with traditional financial giants like Citadel Securities, as well as crypto trading platform Kraken. The venture capital arm of BNP Paribas also participated. Even more impressive, beyond the funding, they also secured an additional $40 million in credit lines, which is equivalent to the investors' direct vote of confidence in its prospects.

Think about what this phenomenon signifies — both traditional financial institutions and crypto ecosystem investors are betting on the same infrastructure provider. What does this indicate? It shows that the importance of trading infrastructure is increasingly recognized. Whether it’s institutions or trading platforms, everyone is seeking more reliable and professional infrastructure support. The frequent occurrence of such funding rounds, to some extent, reflects the industry's demand for upgrading its foundational infrastructure.