Hybrid Exchange Cube Raised $9M in Seed Funding

Hybrid Exchange Cube Raised $9M in Seed Funding
Source:Cube

Cube.Exchange, a hybrid trading platform fusing traditional finance with blockchain technology, has raised $9 million in seed funding.

Investors in the fundraise include but are not limited to Asymmetric Technologies, Susquehanna Private Equity Investments, LLLP, Everstake, Foundation Capital, Big Brain Holdings, Third Kind Venture Capital, Arche Fund, WWVentures, members of the Cube.Exchange management team, and others.

Cube.Exchange aims to solve the problem of founder risk by creating a unique hybrid market structure that takes advantage of the benefits of both traditional exchanges and the efficiencies offered by embracing certain elements of Web3 technology. This is designed to ensure that assets remain under the ownership of users and are never subject to co-mingling, re-hypothecation, misappropriation, or other illicit use by exchange founders or team members.

Stay updated with the most important cryptocurrency news and valuable insights, conveniently delivered to your email every day. Subscribe to the TokenInsight mailing list now!

Prefer social media? Follow us on Twitter, or subscribe to our Telegram channel!

If you have news reports or announcements that you want to reach a wider audience, feel free to email us at news@tokeninsight.com

Source

Fund Raising

Exchanges

Related News
Non-KYC exchange eXch to close down under money laundering scrutiny tied to Lazarus Group Non-KYC exchange eXch to close down under money laundering scrutiny tied to Lazarus Group
MEXC Extends DEX+ Platform to Binance Smart Chain Users MEXC Extends DEX+ Platform to Binance Smart Chain Users
MEXC Partners With Hacken to Increase Security Standards MEXC Partners With Hacken to Increase Security Standards
Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million
BitMEX hit with additional $100 million fine over Bank Secrecy Act violations: report BitMEX hit with additional $100 million fine over Bank Secrecy Act violations: report
Latest News More More
1 Day Ago Eliza Labs unveils auto.fun, a no-code AI agent launchpad with 'fairer than fair' token model
2 Days Ago Base scrutinized over promotion of token that briefly crashed 95%; says part of 'contentcoin' vision
4 Days Ago Layer 1 MANTRA's token falls 90% in sudden crash; team blames 'reckless liquidations'
4 Days Ago Canada to launch spot Solana ETFs this week: report
April 10 Quantum Cats NFT floor price plunges 54% post-Taproot Wizards mint
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open