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Decentralized Derivatives Platform SynFutures Raises $14 Million in Series A Led by Polychain Capital
Summary: The decentralized derivatives exchange SynFutures announced the completion of a $14 million Series A round led by Polychain Capital. with other participants including Framework Ventures, Pantera Capital, Bybit, Wintermute, CMS, Kronos and IOSG Ventures. SynFutures' platform allows users to add trading pairs of any assets with any maturity date, as well as list their own ...
The decentralized derivatives exchange SynFutures announced the completion of a $14 million Series A round led by Polychain Capital. with other participants including Framework Ventures, Pantera Capital, Bybit, Wintermute, CMS, Kronos and IOSG Ventures.
SynFutures' platform allows users to add trading pairs of any assets with any maturity date, as well as list their own futures contracts. It has been deployed to Ethereum main network and Polygon, and currently onboarding users in closed alpha but plans to open up its platform next month with a mainnet launch. Some of the new funds will be used as the initial liquidity pool, with the rest will be used for recruitment and development costs.
By Amy Liu
Tags: Decentralized,Polychain Capital,Series A,SynFutures
Link: Decentralized Derivatives Platform SynFutures Raises $14 Million in Series A Led by Polychain Capital [Copy]
