Cryptocurrency proprietary trading firm Breakout has completed a $4.5 million seed round financing, led by RockawayX.

ChainCatcher news, according to The Block, cryptocurrency proprietary trading firm Breakout has completed a $4.5 million seed round financing, led by RockawayX, with participation from Andrew Kang's Mechanism Capital, Round13 Capital, C² Ventures, and IOBC Capital. The company's co-founder and CEO Alex Miningham declined to comment on the valuation.

It is reported that Breakout is a cryptocurrency proprietary trading firm based on assessments. Traders can choose between a one-step or two-step assessment plan, with account sizes ranging from $5,000 to $100,000. After securing new funding, Breakout plans to expand into the Asia-Pacific and Latin American regions and attract more users through a global alliance program.