According to ChainCatcher, according to The Block, cryptocurrency 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. The company's co-founder and CEO Alex Miningham declined to comment on the valuation.
According to reports, Breakout is an evaluation-based cryptocurrency proprietary trading company. Traders can choose a one-step or two-step evaluation plan, with account sizes ranging from $5,000 to $100,000. After obtaining new funds, Breakout plans to expand to the Asia-Pacific and Latin American regions and attract more users through a global alliance program.