GlobeDX Raises $18M to Build a Next-Generation Derivatives Exchange
Up-and-coming derivatives exchange GlobeDEX – or Globe as it’s simply known – has closed a private round worth $18 million. A host of blockchain VCs lined up to back the exchange on its mission to create an advanced trading platform that can cut it with the best of them. Its team, who can’t be accused […]
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Competition between derivatives exchanges, which was already fierce, has gotten hotter with the arrival of GlobeDX onto the scene. The exchange, which specializes in derivatives, is set to hold its public token sale on April 30 after completing an $18 million private round. Several leading blockchain VCs participated in the round to support Globe’s goal […]
Globe Derivative Exchange prepares to launch its platform next month by raising $18 million for a token sale. A new global cryptocurrency derivatives exchange, Globe Derivative Exchange — or GlobeDX — continued its preparation for the platform's launch by securing another major raise.GlobeDX announced Wednesday that the firm successfully raised $18 million through a new funding round featuring investors like seed money startup accelerator Y Combinator and Tim Draper’s Draper Dragon fund. Other investors included crypto exchange OKEx, Pantera Capital, Republic Crypto, CMT Digital and Wave....
The three projects raised a collective $77.7 million, underscoring investor appetite for all things blockchain and cryptocurrency. Blockchain projects Rally, GlobeDX and SingularityDAO concluded highly successful private sales this week, offering further evidence that smart-money investors were still eyeing up-and-coming digital asset plays. Rally, the so-called “crypto for creators” platform, raised $57 million for its community treasury through the sale of its RLY governance token, the project announced Wednesday. The Rally network now has over 100 creator coins representing various....
Exciting beginning of the week for one of the crypto industry’s richest, CEO Sam Bankman-Fried. His derivatives exchange FTX announced $900 million in a Series B fundraising effort. That raises its profile even more. And its value, which is now a whopping $18B, and was $1.2B a year ago. And what a year it’s been. […]
Opium has closed a $3.25 million funding round for its BYOD (build your own derivative) platform