Futureswap Announces Closing of $12 Million Token Financing

TokenInsight reports that decentralized derivative DEX Futureswap has announced the closing of a $12 million Series A funding round, with Ribbit Capital, Framework Ventures, True Ventures, and Placeholder each investing $2 million. According to officials, this is Ribiibt Capital's first investment in DEX. Futureswap currently has eight members, and this round of investment will be used to expand its team.