Decentralized exchange Ostium completes $20 million Series A funding, led by General Catalyst and others

According to Fortune, the decentralized exchange Ostium announced the completion of a $20 million Series A funding round, led by venture capital firm General Catalyst and the cryptocurrency division of quantitative trading firm Jump Trading. Coinbase Ventures, as well as cryptocurrency market makers Wintermute and GSR, also participated in the round, with insiders revealing that this funding round values Ostium at approximately $250 million. To date, its total funding has reached $280 million.

It is reported that Ostium allows users to trade real-world assets such as stocks, metals, oil, and certain cryptocurrencies, supporting higher risk through perpetual futures.