Oasis Pro raises $27 million in Series A funding.

Oasis Pro, a US blockchain fintech, has closed a $27 million Series A investment round that was “significantly oversubscribed.”

Existing investor UDHC joined the round, as well as strategic investors Blizzard the Avalanche Fund, Inveniam, Redwood Trust, TrustLabs, Mirae Asset Venture Investment, Gate Ventures, LedgerPrime, and StableNode.

The money will be used to expand the firm’s senior management team, scale its tech platform globally through new income streams, and integrate complementary blockchain technologies, according to the company.

The funds will also assist Oasis Pro Markets, a US licenced multi-asset Alternative Trading System for digital assets and a full-service investment bank.

According to Oasis Pro, the funds will be used to support the platform’s global expansion and full-service investment banking advising business. “To bridge the worlds of traditional finance, blockchain, and decentralised finance,” the company’s mission states.