Decentralized exchange Mauve completes $15 million funding, with participation from Coinbase Ventures and others

2023-03-09 21:44:26

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ChainCatcher news, the decentralized exchange Mauve announced the completion of a $15 million funding round, with participation from Brevan Howard, Coinbase Ventures, BlueYard Capital, Balderton, Ethereal Ventures, and FinTech Collective.

It is reported that Mauve offers secure self-custody and a modular design, along with all the stringent compliance checks of traditional banks and brokerage firms. Mauve will not only incorporate traditional "know your customer" tools but also security features such as geofencing, which will prohibit users from sanctioned countries/regions from using the platform.

In addition, Mauve will provide trading for assets such as stablecoins and Ethereum, but the range of available assets will be determined by the customer's nationality. (Source link)

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