Cryptocurrency derivatives trading platform Rho Labs completes $2.2 million financing, led by Speedinvest

2023-11-16 21:02:23
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ChainCatcher news, according to Tech Funding News, the decentralized crypto derivatives trading platform Rho Labs, founded by former Copper Chief Product Officer Alex Ryvkin, announced the completion of a $2.2 million Pre-Seed funding round, led by Speedinvest, with participation from Keyrock, Re7 Capital, Daedalus Collective, and Copper.co CEO Dmitry Tokarev.

It is reported that the crypto derivatives trading platform being built by Rho Labs will provide on-chain trading services based on specific interest rates and traditional rates, with its trading market expected to launch a beta version on the Arbitrum chain by the end of this year.

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