Decentralized Derivatives Trading Protocol Variational Announces $50 Million Series A Funding Led by Dragonfly Capital, with Bain Capital Crypto and Coinbase Ventures Participating. Previously, Bain Capital Crypto led a $10.3 million seed round for Variational in 2021. Variational is headquartered in the Cayman Islands and aims to aggregate liquidity from major crypto exchanges and traditional financial traders through blockchain platforms, supporting real-world asset trading such as oil, commodities, and more. (Fortune)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 11
  • 7
  • Share
Comment
Add a comment
Add a comment
CandleAfterTheRain
· 2h ago
Traditional finance + crypto liquidity, playing the bridge role isn't easy.
View OriginalReply0
GateUser-06596f3b
· 10h ago
The name Variational is well-chosen; it has everything to do with the variational method.
View OriginalReply0
MountainBeforeTheStorm
· 11h ago
Dragonfly has been making frequent moves recently; the betting directions are worth paying attention to.
View OriginalReply0
NightAuditBuddy
· 12h ago
Since the seed round in 2021, enduring for three years has not been easy.
View OriginalReply0
CyberBridgeDeepPerspective
· 12h ago
Coinbase Ventures is also here; compliance should be secure now.
View OriginalReply0
PartiallyMeltedIceCream
· 12h ago
Registered in the Cayman Islands, those who know, know.
View OriginalReply0
DepegDaydream
· 12h ago
Oil and other major commodities are now on the blockchain; it's finally more than just crypto speculation.
View OriginalReply0
LighthouseInTheMist
· 12h ago
Aggregating CEX and traditional financial liquidity, this idea is quite bold.
View OriginalReply0
0xCouchPilot
· 12h ago
Bain Capital Crypto has been with us from seed round to Series A, it seems like true love.
View OriginalReply0
DaoAfterparty
· 12h ago
50 million dollars, another fierce competitor joins the RWA track
View OriginalReply0
View More
  • Pinned