According to Foresight News, according to The Block, crypto proprietary trading company Breakout has completed a $4.5 million seed round of financing, led by RockawayX, with participation from Andrew Kang's Mechanism Capital, Round13 Capital, C² Ventures and IOBC Capital. Breakout plans to expand in the Asia-Pacific and Latin American regions, and will also expand its existing team of more than 20 people through recruitment in the next 12-18 months.

Breakout was co-founded last year by Miningham, a general partner at crypto venture capital firm Ascensive Assets, and Dylan Loomer.