Rates Exchange has received investment from Coinbase Ventures

According to official news, the on-chain interest rate trading and hedging exchange Rates Exchange announced that it has received investment from Coinbase Ventures, with the amount undisclosed.

It is reported that Rates Exchange is an on-chain order book trading platform for trading and hedging interest rates. The platform currently offers interest rate swaps and plans to launch calculation swaps, foreign exchange swaps, and fixed-rate equity options.