CORRECTING and REPLACING Largest Crypto Trading Bot and Investment Platform 3Commas Raises $37M in Series B Funding Round

TALLINN, Estonia – (COMMERCIAL LINE) – In the subtitle and first paragraph, first sentence of the September 22, 2022 release, replace the company name “Jump Capital” with “Jump Crypto”.

The updated version reads:

3COMMAS BIGGEST CRYPTO TRADING BOT AND INVESTMENT PLATFORM RAISES $ 37 MILLION IN SERIES B FINANCING ROUND

Round led by Target Global with additional Alameda Research investors, Jump Crypto

The funding will be used to improve the trading robot ecosystem and develop new automated DeFi trading tools

3Commas, an automated bot investment platform for cryptocurrency trading, raised $ 37 million in a Series B funding round led by leading cryptocurrency and financial technology investors Target Global, Alameda Research, Jump Crypto and Dmitry Tokarev, founder and CEO of Copper. 3Commas currently offers advanced trading tools and automated strategies run by trading bots which have been proven to help users earn profits in all market conditions.

The increase allows 3Commas to further develop its ecosystem of industry-leading digital asset trading automation and portfolio management technologies. Users currently benefit from 3Commas ‘trading robots and ecosystem by having access to the historical performance of different strategies and tools to easily replicate them through 3Commas’ automated trading capabilities. Capital will be used to advance its proven machine learning and artificial intelligence trading robots to offer greater profitability, expand its trading ecosystem, and improve developer access to application programming interfaces (APIs) to build apps used by traders 3Commas within the ecosystem.

Additionally, 3Commas used this investment to hire a strong R&D team to create DeCommas, a recently launched subsidiary that provides users with easier access to business automation in decentralized finance (DeFi).

“3Commas was created with the aim of helping people achieve financial freedom by expanding access to complex cryptocurrency trading strategies through powerful trading robots. Through this fundraiser, our investors have shown great confidence in realizing this vision, “said Yuriy Sorokin, CEO and founder of 3Commas.” We are thrilled to continue to create technology that democratizes access to the transformational benefits of cryptocurrencies by relentlessly advancing our technology and offering a suite of developer tools to make 3Commas the destination for investment app innovation. ”

3Commas is an ecosystem of products: a complex of various interconnected products for retail users, power users, developers and business-grade professionals, which complement each other by sharing their trading strategies and signals and, therefore, providing more value. It democratizes trading for end users and enables them to generate more revenue: every month over 70% of 3Commas users make profits from closing deals through the platform. All traders have access to the same set of manual and automated tools, offering equal opportunities for all to earn profits.

“The leadership and talent that 3Commas has put in place has put them in a very strong position to be the dominant platform to integrate the next 100 million users into crypto through their automated trading and portfolio management capabilities,” he said. Mike Lobanov, founder and partner of Global Goal. “By creating an ecosystem of tools that work in both the CeFi and DeFi family of products, 3Commas offers unprecedented access to prosperity for the vast majority of crypto users.”

3Commas raised $ 3 million in the seed round in November 2020, which was also attended by Alameda Research. This new loan is a strong sign of continued growth, despite changing market conditions.

About 3 commas

3Commas is a cryptocurrency investment ecosystem that offers both manual and automated trading strategies. Founded in 2017 by Yuriy Sorokin, Egor Razumovskii and Mikhail Goryunov, the company’s mission is to make cryptocurrency trading more accessible to millions of users seeking new paths to profitability and financial freedom. Whether users are novice or experienced traders, 3Commas offers a full suite of manual or fully automated trading bots and strategies, as well as risk and portfolio management solutions, all supported by a vast, low-latency cloud infrastructure.

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