The decentralized derivatives infrastructure EthosX has completed a new round of financing of $1.8 million, with participation from Franklin Templeton and others

ChainCatcher news, decentralized derivatives infrastructure EthosX announced the completion of a new funding round of $1.8 million, with investors including Y Combinator, Franklin Templeton, Ascensive Assets, Emurgo Ventures, Stacker VC, Sudo Research, Token Metrics Ventures, Cogitent Ventures, Asymmetry VC, Upsparks VC, and others.

EthosX was founded in 2022 by Deepanshu, former Vice President of Global Derivatives Clearing at JPMorgan, and is a selected team of Binance Labs' sixth season MVB Accelerator program, primarily providing automated and non-custodial clearing and settlement services for financial derivatives.