British fintech Ostium Labs raises $3.5M Seed round

Ostium Labs is the company building the Ostium Protocol, the first decentralized, non-custodial perpetuals exchange for Real World Assets. Here are details of Ostium Labs’ latest funding round :

🚀 Launch

2022

🏭 Industry

Financial services

🧠Management

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💸 Funding & Investors

INVESTMENT (October 2023)$3.5 million (Seed)
INVESTORS (October 2023)Co-led by General Catalyst and LocalGlobe, the round saw participation from SIG, DeFi Alliance, Balaji Srinivasan (former Coinbase CTO), Vessel Capital, and others. 

🎯 Funding purpose

Accelerate the launch of its flagship Protocol, an on-chain trading hub for Real World Assets (RWAs), enabling traders to gain price exposure to a variety of asset classes previously unavailable on-chain.

🌐 Country HQ

UK (London)

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