The cryptocurrency trading and lending platform Membrane Labs has completed a $20 million Series A funding round, with participation from Jump Crypto and others

2023-10-11 21:19:36

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ChainCatcher news, the crypto trading and lending platform Membrane Labs has completed a $20 million Series A funding round, with participation from Brevan Howard Digital, Point72 Ventures, Jane Street, Flow Traders, QCP Capital, Two Sigma Ventures, Electric Capital, Jump Crypto, QCP Capital, GSR Markets, Belvedere Trading, and Framework Ventures.

The new funds will be used to help establish the mature trading infrastructure needed in the cryptocurrency space to avoid further disasters. Initially, it has built a settlement and clearing engine that allows institutions to choose where and how to custody funds (whether through custodians or multi-party computation (MPC) wallets), and then decide through the front end where and how to execute trades.

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Membrane Labs investment and financing

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