Hong Kong, June 1, 2026 – SignalPlus, a digital asset options and derivatives trading infrastructure provider for institutional clients, announced today that it has completed a $50 million Series B1 funding round, bringing its post-money valuation to $5 billion. The round was led by HashKey Capital, with BlockBooster and AppWorks participating as follow-on investors. Goldman Sachs served as the exclusive financial advisor for this transaction.
This investment demonstrates institutional investors’ confidence in SignalPlus as it transitions from a specialized service provider in the digital asset space to a multi-asset trading infrastructure provider for institutional clients.
Founded by a team with capital markets expertise and enterprise technology background, SignalPlus has quickly become the leading options trading platform used by institutional traders in the digital asset space. The company’s flagship trading terminal offers Wall Street-level portfolio and order execution management to professional traders. This system supports connections to major exchanges in the industry, providing risk attribution, portfolio analysis, and full ‘what-if’ scenario analysis capabilities that surpass most alternative solutions currently available in the market.
Additionally, SignalPlus’ risk management and pricing infrastructure also support professional clients and centralized exchanges in running automated risk management and structured product pricing in a 24/7 environment. SignalPlus has gained the trust of large-scale market makers and centralized exchanges in the industry. In the fourth quarter of 2025, the platform set a record trading volume of $160 billion, with nearly $70 billion in Block-RFQ trades cleared through Deribit alone. Meanwhile, since 2023, with a significant increase in institutional clients, SignalPlus’ trading terminal volume has grown at a 74% quarterly compound growth rate. Currently, the SignalPlus platform caters to key options players in the industry, including Cumberland, FalconX, and Galaxy Digital.
As institutional adoption of digital assets accelerates, SignalPlus has extended its technology suite into the structured commodities product space, bringing a crucial modernization upgrade to a market that has long relied on outdated legacy systems. The funds raised in this financing round will be used to drive product diversification and global market expansion. Over the past 18 months, SignalPlus has seen its market share grow tenfold, and this financing round will further support this growth trajectory.
Furthermore, SignalPlus will launch a comprehensive platform upgrade, integrating Agentic AI into existing product workflows. Leveraging the company’s in-house QuantLab engine, users will be able to analyze volatility market structures, conduct strategy backtesting, and create executable trading modules in the future. This will significantly enhance the workflow experience beyond what traditional brokers currently offer.
SignalPlus Co-founder and CEO Chris Yu stated: “From its inception, SignalPlus has harbored a clear and ambitious goal: to become a leading infrastructure bridge connecting digital assets to the traditional capital markets. Throughout this journey, we have maintained strict operational discipline. This financing round will propel the company into the next crucial inflection point—continuing to expand our leading edge in the crypto field in the backdrop of a maturing regulatory environment, extending institutional-grade infrastructure to traditional finance, and launching the SignalPlus 2.0 platform, allowing every user to access Agentic AI capabilities in a secure trading environment.”
HashKey Capital CEO Deng Chao commented: “The digital asset market is entering a new stage of institutional maturity. SignalPlus has become a leading infrastructure provider in the crypto options space, with its platform meeting the high standards of global top-tier institutions in operational rigor, risk management, and liquidity. We believe that the next wave of digital financial competition will unfold at the infrastructure layer, and in the options space, SignalPlus has already set the standard. With increasing regulatory clarity in major markets, this collaboration will be a key part of HashKey Group’s expansion of product services and consolidation of its leadership position in the institutional digital asset ecosystem. We are pleased to lead this financing round and further deepen our long-term partnership with the SignalPlus team.”
BlockBooster Co-founder and CEO Samuel Gu said: “SignalPlus has provided the underlying infrastructure for institutional participation in the digital asset derivatives market, combining the liquidity, risk management capabilities, and operational rigor required by sophisticated participants. Our relationship with the SignalPlus team was established long before this financing round, and this investment directly aligns with BlockBooster’s longstanding core thesis: institutional capital will enter the digital asset market through trusted, enterprise-grade infrastructure. As a full-stack alternative asset management firm that combines an incubation engine with capital management, we believe SignalPlus is at this intersection. As its infrastructure intersects with our capital strategy and broader ecosystem, we look forward to deep collaboration between both parties, and we are honored to provide significant investment to support SignalPlus in its next stage of growth.”
Headquartered in Hong Kong, SignalPlus is dedicated to building institutional-grade derivatives trading infrastructure for the evolving capital markets. Its platform offers professional options analytics, real-time risk management, and trade execution tools for hedge funds, market makers, proprietary trading firms, and asset managers, covering both digital assets and traditional financial markets. The company has established partnerships with leading exchanges and trading institutions, with investors including HashKey Capital, AppWorks, Tencent, and other prominent technology and financial investment firms.
[BlockBeats]
SignalPlus’s $5B Valuation Marks Inflection Point for Institutional Crypto Derivatives
The completion of SignalPlus’s $50 million Series B1 funding round at a $5 billion post-money valuation represents more than just another venture capital deal in the digital asset space. This strategic financing, led by HashKey Capital with participation from BlockBooster and AppWorks, signals a critical inflection point in the institutional adoption of crypto derivatives and underscores the growing sophistication of the market’s underlying infrastructure.
Market Implications: Institutional Validation of Crypto Derivatives
SignalPlus’s meteoric rise—evidenced by $160 billion in trading volume in Q4 2025 alone and a 74% quarterly compound growth rate since 2023—demonstrates the accelerating institutional embrace of digital asset derivatives. The involvement of Goldman Sachs as exclusive financial advisor adds further credibility, signaling that traditional financial markets are increasingly comfortable engaging with crypto-native infrastructure providers.
This development parallels the evolution of traditional finance, where specialized derivatives trading infrastructure providers evolved into critical components of the capital markets ecosystem. The fact that SignalPlus is transitioning from a crypto-specialized provider to a multi-asset trading infrastructure provider indicates that digital assets are no longer viewed as a standalone asset class but rather as an integrated component of broader institutional portfolios.
Impact on Token Prices and Related Projects
While SignalPlus itself doesn’t have a native token, this funding round has significant implications for related projects:
-
Derivatives Exchange Tokens: The mention of $70 billion in Block-RFQ trades cleared through Deribit alone suggests potential upside for derivatives exchange tokens as trading volumes and institutional participation increase.
-
Market Maker and Trading Firm Tokens: SignalPlus’s client roster—including Cumberland, FalconX, and Galaxy Digital—positions these firms to benefit from increased trading volumes and potentially enhance their token valuations through greater market share.
-
Infrastructure Provider Tokens: Other institutional-grade infrastructure providers may experience increased investor interest as the market recognizes the value proposition of robust derivatives trading infrastructure.
The broader market sentiment impact is likely positive, as this news reinforces the narrative of institutional adoption and maturing market infrastructure, which tends to lift sentiment across the digital asset ecosystem.
Competitive Landscape and Market Position
SignalPlus’s $5 billion valuation places it among the highest-valued infrastructure providers in the digital asset space, reflecting its dominant position in the options trading segment. The company’s Wall Street-level portfolio and order execution management capabilities, combined with its risk attribution and scenario analysis features, have created a competitive moat that is difficult for alternative solutions to overcome.
What’s particularly noteworthy is SignalPlus’s ability to capture significant market share—growing tenfold over the past 18 months—in a highly competitive derivatives trading landscape. This suggests that institutional clients are increasingly prioritizing specialized, crypto-native infrastructure over generalized solutions, a trend that is likely to continue as the market matures.
Growth Opportunities and Strategic Initiatives
The funding allocation reveals SignalPlus’s strategic priorities:
-
Product Diversification: The expansion into structured commodities products represents a significant opportunity to leverage existing infrastructure in adjacent markets. This cross-asset strategy could substantially increase addressable market size and revenue potential.
-
Global Expansion: With Hong Kong as its headquarters, SignalPlus is well-positioned to capitalize on the growing regulatory clarity and institutional interest in Asian markets. The funding will likely accelerate expansion into Europe and other regions with developing regulatory frameworks.
-
AI Integration: The planned integration of Agentic AI into existing workflows, powered by the QuantLab engine, represents a technological leap forward. This could create new product offerings and significantly enhance user experience, potentially setting new industry standards for trading infrastructure.
-
Ecosystem Integration: Partnerships with HashKey Group and BlockBooster suggest deeper integration within the broader digital asset ecosystem, potentially leading to bundled services and increased stickiness among institutional clients.
Risk Assessment
Despite the positive developments, several risks warrant consideration:
-
Valuation Sustainability: A $5 billion valuation for a derivatives infrastructure provider, while justified by current growth rates, requires sustained performance. Any slowdown in trading volumes or institutional adoption could pressure valuation multiples.
-
Regulatory Headwinds: While the article mentions a “maturing regulatory environment,” regulatory changes could still impact the business model or expansion plans, particularly in jurisdictions with evolving approaches to digital asset derivatives.
-
Market Volatility Impact: As a derivatives provider, SignalPlus’s business performance is directly correlated with trading volumes, which can be highly sensitive to market volatility. Prolonged market downturns could impact growth trajectories.
-
Competitive Response: The significant valuation may attract additional capital to competitors, potentially intensifying price competition and margin pressure.
Strategic Outlook
SignalPlus’s positioning at the intersection of traditional capital markets and digital assets creates a unique strategic advantage. The company’s ability to provide institutional-grade infrastructure that bridges these worlds positions it to capture significant value as the two markets continue to converge.
The integration of AI and expansion into structured products suggest a forward-looking approach that could redefine industry standards. As institutional adoption accelerates, companies like SignalPlus that provide the underlying infrastructure will likely benefit disproportionately, creating a “picks and shovels” play in the digital asset gold rush.
For investors, the key takeaway is that this funding round represents not just a vote of confidence in SignalPlus, but in the broader institutionalization of digital asset derivatives. The company’s ability to execute on its strategic initiatives while maintaining its technological edge will determine whether it can deliver on the implied valuation and establish itself as a permanent fixture in the evolving financial landscape.