Lux Capital leads the round with $30 million; APEC stays out of the crypto space and focuses solely on perpetual stocks—its CFTC license is the real highlight.

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Crypto World News: The derivatives trading platform APEC (American Perpetuals Exchange Corporation), founded by Theodore Gillibrand, the son of U.S. Senator Kirsten Gillibrand, has completed $30 million in funding, with a post-investment valuation of approximately $300 million. This round of funding was led by Lux Capital. According to documents filed with the SEC, APEC plans to apply for a license from the CFTC to launch perpetual futures products for stocks and stock indices, rather than cryptocurrency perpetual contracts. Theodore Gillibrand previously worked as a researcher at Paradigm and interned at Andreessen Horowitz.
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