Odaily News Crypto trading platform Arbelos announced the completion of a $28 million financing round, led by Dragonfly, with participation from FalcolnX, Circle, Paxos, Polygon and Deribit. Arbelos Markets will focus primarily on derivatives and over-the-counter transactions for institutional participants, providing trading liquidity to companies such as hedge funds and venture capital firms, and serving as a counterparty for popular products such as options and futures. This round of financing will end in mid-2023. (Fortune)