Zodia Markets - About the company
Zodia Markets is a series A company based in London (United Kingdom), founded in 2021 by Nick Philpott and Usman Ahmad. It operates as an Institution-first digital asset exchange and brokerage focused on institutional crypto trading. Zodia Markets has raised $18.2M in funding from Pharsalus, with a current valuation of £*****. The company has 38 active competitors, including 11 funded and 3 that have exited. Its top competitors include companies like WOO, SFOX and Elwood.
Company Details
Institution-first digital asset exchange and brokerage focused on institutional crypto trading. It is an institution-first trading venue and brokerage that focuses on institutional crypto trading. They aim to be a trusted and reliable partner for institutions looking to secure their digital assets.
- Website
- zodiamarkets.com
- Registered Address
- 6TH FLOOR,1 BASINGHALL AVENUE,LONDON,UNITED KINGDOM,EC2V 5DD
Key Metrics
Founded Year
2021
Location
London, United Kingdom
Stage
Series A
Total Funding
$18.2M in 1 round
Latest Funding Round
Post Money Valuation
£***** as on Jul 06, 2022
Ranked
5th among 38 active competitors
Annual Revenue
£7.56M as on Dec 31, 2024
Employee Count
51 as on Mar 31, 2026
Legal entities associated with Zodia Markets
Zodia Markets is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ZODIA MARKETS HOLDINGS LIMITED CIN: 13353654 , United Kingdom, Active | Apr 22, 2021 | - | 40 (As on Dec 31, 2024) | |
ZODIA MARKETS (UK) LIMITED CIN: 13360649 , United Kingdom, Active | Apr 26, 2021 | $9.66M (As on Dec 31, 2024) | - |
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Zodia Markets's funding and investors
Zodia Markets has raised a total funding of $18.2M over 1 round. Its latest funding round was a Series A round on Jul 28, 2025 for $*****. 4 investors participated in its latest round. Zodia Markets has 4 institutional investors.
Here is the list of recent funding rounds of Zodia Markets:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 28, 2025 | 2029082 | Series A | 3943231 | 1043542 | 9749439 | 4324566 |
View details of Zodia Markets's funding rounds and investors
Zodia Markets' founders and board of directors
Founder? Claim ProfileThe founders of Zodia Markets are Nick Philpott and Usman Ahmad. Usman Ahmad and Mark Richardson are the CEOs of Zodia Markets.
Here are the details of Zodia Markets' key team members:
- Nick Philpott: Co-Founder & COO of Zodia Markets.
- Usman Ahmad: Co-Founder & CEO of Zodia Markets.
View details of Zodia Markets's Founder profiles and Board Members
Zodia Markets' employee count trend
Zodia Markets has 51 employees as of Mar 26. Here is Zodia Markets's employee count trend over the years:
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Zodia Markets's Competitors and alternates
Top competitors of Zodia Markets include WOO, SFOX and Elwood. Here is the list of Top 10 competitors of Zodia Markets, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | App-based liquidity and trading platform for cryptocurrency | $61M | 67/100 | ||
2nd | SFOX 2014, San Francisco (United States), Series A | Institutional crypto platform providing liquidity, security, and infrastructure for digital assets | $22.8M | 60/100 | |
3rd | Elwood 2018, London (United Kingdom), Series A | Online digital asset platform for institutions | $70M | 58/100 | |
4th | Crossover Markets 2022, New York City (United States), Series B | Online platform that is a developer of digital asset exchange | $49.3M | 57/100 | |
5th | Zodia Markets 2021, London (United Kingdom), Series A | Institution-first digital asset exchange and brokerage focused on institutional crypto trading | $18.2M | 55/100 | |
6th | Paradigm 2010, New York City (United States), Series A | Online platform for automated trading in cryptocurrencies | $39.5M | 51/100 | |
7th | Ovex 2017, Johannesburg (South Africa), Series A | Institutional-grade custodian and cryptocurrency exchange platform | $4M | 48/100 | |
8th | Provider of digital asset liquidity and settlement solutions for institutions | $4M | 44/100 | ||
9th | QCP Capital 2017, Singapore (Singapore), Funding Raised | Online trading platform for crypto assets | - | - | 42/100 |
10th | FRNT Financial 2018, Toronto (Canada), Public | Digital asset trading solutions | - | - | 42/100 |
Looking for more details on Zodia Markets's competitors? Click here to see the top ones
Zodia Markets's Investments and acquisitions
Zodia Markets has made no investments or acquisitions yet.
Reports related to Zodia Markets
Here is the latest report on Zodia Markets's sector:
News related to Zodia Markets
Media has covered Zodia Markets for a total of 7 events in the last 1 year, 3 of them have been about partnerships and 2 about company updates.
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CoinShares XBT Provider AB: Novation of Zodia Custody AgreementGlobeNewswire•Mar 12, 2026•Zodia Markets, CoinShares
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Zodia Markets partners with Currency.com to deliver institutional-grade deep liquidity
Zodia Markets•Jan 22, 2026•Zodia Markets, Currency.com
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Zodia Markets Secures $18.25M in Series A Funding Round to Fuel ExpansionWebwire•Aug 06, 2025•OSL Group, Pharsalus, Zodia Markets, Token Bay Capital and 3 others
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Zodia Markets Raises $18.25M to Fuel International Expansion, Stablecoin Payments
CoinDesk•Jul 28, 2025•Zodia Markets, Pharsalus, Circle, XVC Tech and 4 others
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BCB Group attracts buyout interest amid Series B funding explorationBitcoin Ethereum News•Sep 05, 2024•BCB Group, Foundation Capital, Backed, PayU and 9 others
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Zodia Markets to Acquire Elwood Capital's OTC DivisionFX Leaders•Jul 11, 2024•Zodia Markets, Elwood, Standard Chartered
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