Cryptocurrency exchange Rails completes $14 million new round of financing, led by Slow Ventures

the cryptocurrency exchange Rails announced that it has completed a new round of financing of $14 million this week, led by Slow Ventures, with participation from Kraken, CMCC Global, Quantstamp, and Round13 Capital.

The company aims to provide American traders with a popular yet hard-to-obtain asset type: perpetual futures (perps). Rails previously raised about $6.2 million in seed funding, bringing the total financing to over $20 million.