Share this article
Makor Capital Raises $17M in Series A Funding to Grow Brokerage Platform Enigma
The round valued Makor at $200 million and was joined by blockchain company Algorand and billionaire hedge fund manager Alan Howard.
Updated May 11, 2023, 4:02 p.m. Published Oct 13, 2021, 3:11 p.m.
Makor Capital, a brokerage and investment banking group, raised $17 million in Series A funding to grow Enigma Securities, its digital asset brokerage.
- The round valued London-based Makor at $200 million and was joined by blockchain company Algorand and billionaire hedge fund manager Alan Howard.
- Algorand CEO Steven Kokinos will join the company’s board of directors.
- Makor’s digital asset brokerage, Enigma Securities, has a monthly trading volume of $2 billion, according to an announcement Wednesday.
- Alan Howard has made numerous investments in crypto firms in recent months, following the news in April that Brevan Howard, the hedge fund he co-founded, was allocating 1.5% of its main $5.6 billion fund directly to cryptocurrency.
- Howard led a $25 million extension of crypto custodian Copper’s Series B funding round in June and also participated in derivatives exchange FTX’s mammoth $900 million Series B round in July.
Read more: Algorand Foundation Launches $300M DeFi Innovation Fund
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Turkey's Paribu Buys CoinMENA in $240M Deal, Expanding Into High-Growth Crypto Markets
With the acquisition, Paribu gains regulatory foothold in Bahrain and Dubai and access to the region's fast-growing crypto user base.
What to know:
- Paribu acquires Bahrain- and Dubai-based CoinMENA for up to $240 million.
- Deal marks Turkey’s biggest fintech acquisition and first international crypto M&A, the firm said.
- The move taps into the MENA region’s fast-growing crypto user base and supportive regulatory hubs.
Top Stories
