Arbelos Markets, a crypto firm by industry veterans Joshua Lim and Shiliang Tang, raised $28 million in an oversubscribed investment round led by Dragonfly Capital. Various investors joined, including Room40 Ventures, FalconX, and Messari CEO Ryan Selkis. Arbelos, founded after the 2022 crypto crisis, aims to enhance transparency in crypto trading. The funds will support team expansion and market access.