Wu said that TVL Capital announced the completion of a $5 million financing round led by Framework Ventures, with Flow Traders and several strategic investors participating. TVL Capital was founded by former executives from Morgan Stanley, UBS, and The Block. The funding will be used to build engineering and business development capabilities and to accelerate the launch of on-chain trading products (CTPs). TVL Capital stated that CTPs are the on-chain equivalents of exchange-traded products (ETPs), representing compliant, composable structured derivatives that can be issued, settled, and managed on the blockchain.

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ProofOfVibes
· 2h ago
5 million dollars isn't a lot for building infrastructure for structured derivatives, but the Framework endorsement indicates the narrative is correct.
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SecondaryMarketDeserter
· 2h ago
Flow Traders’ investment is quite brilliant—they’re market makers themselves, so in the future, we won’t have to worry about CTPs’ liquidity anymore.
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Tangerine-FlavoredPullback
· 2h ago
Former Morgan Stanley + UBS + The Block, team fully staffed, looking forward to product implementation
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PrivateKeyInAGlassBottle
· 2h ago
The concept of CTPs has finally been taken seriously by someone; on-chain traditional ETPs represent a huge market.
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ApeWithHomework
· 2h ago
Wall Street veteran enters the on-chain ETP space; this combo is quite interesting
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