Kaiko

Bitcoin and ether have also shown high correlation with the Nasdaq and S&P 500 on longer time frames

Kaiko, whose clients include Deutsche Börse, Oanda and Bloomberg, plans to use the fresh funding to boost its global presence

The Bahamas-based firm agreed to acquire Canadian crypto exchange Bitvo for an undisclosed sum

The traditional bank has been hired in an advisory role to lay out potential financing options for Celsius