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Decentralized derivatives exchange BBO Exchange (BBOX) announced today that it has raised $2.7 million in a pre-seed funding round led by crypto investment firms Hashed and Arrington Capital.
We are excited to announce our $2.7m Pre-Seed Round co-led by @hashed_official and @Arrington_Cap along with major ecosystem players including @Consensys, @cmsholdings, @FlowTraders, @ManifoldTrading, @realMaskNetwork, and @LaserDigital_!
Read more ⬇️https://t.co/cFCZYtN66M pic.twitter.com/EDS9YfHxxq
— BBOX (@bboexchange) January 30, 2024
The funding round included participation from several major players in the crypto ecosystem, including Consensys, CMS Holdings, Flow Traders, Manifold Trading, Mask Network, and Laser Digital from Nomura Group.
“The platform leverages Oracle Extractable Value (OEV) for liquidations and a dynamic multi-asset signaling AMM for on-chain traders, while making capital work efficien
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Author: Diego Almada Lopez