THELOGICALINDIAN - GlobalDX is architecture crypto derivatives belvedere that lets traders adore 100x advantage on arch cryptocurrencies
Cryptocurrency derivatives barter GlobeDX appear adopting $18 actor in new allotment round.
Leading VCs Plow Into GlobeDX
The allotment annular saw accord from some of the best arresting adventure basic funds globally, including Y Combinator, Pantera Capital, and Draper Dragon. Other investors included Republic Crypto, OKEx, CMT Digital, and Wave Financial.
With abetment from some of the arch VCs, GlobeDX would attempt with arch platforms that facilitate trading in cryptocurrency derivatives, including FTX, Huobi, OKEx, Binance, Bybit, and Bitmex.
The belvedere currently allows the trading of options and abiding futures affairs in Bitcoin, Ethereum, and assorted DeFi tokens with up to 100x leverage.
For liquidity, the belvedere leverages its abounding accomplice exchanges, including MXC and Hotbit.
“We’re alive carefully with our investors and cardinal ally to accompany avant-garde articles for our traders on Globe. Trading DeFi Perpetuals on an barter congenital by trad-fi veterans will be a accomplished new acquaintance for crypto traders,” said GlobeDX CEO James West.
The barter has planned a public sale of its built-in asset, the Globe Badge (GDT), on Apr. 30. With a absolute accumulation of 400 million, the badge would be acclimated in accepting trading fee discounts and accessory for allowance trading.
