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
Solana-based memecoin generator Pump.fun raising $1 billion via token sale: report Solana-based memecoin generator Pump.fun raising $1 billion via token sale: report
Cobie's ICO platform Sonar goes live with Plasma seeking $50 million at $500 million token valuation Cobie's ICO platform Sonar goes live with Plasma seeking $50 million at $500 million token valuation
Bitget will legally pursue 8 accounts suspected of profiting $20 million from VOXEL trading manipulation Bitget will legally pursue 8 accounts suspected of profiting $20 million from VOXEL trading manipulation
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
Latest News More More
1 Day Ago Chinese creditors push back against FTX's motion to forfeit payouts in restricted jurisdictions
4 Days Ago TON Foundation offers path to 10-year UAE 'Golden Visa' for $100k in staked TON, $35k fee; UAE denies eligibility
July 4 Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
July 3 North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
July 3 JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open