British fintech Rho Labs raises a $2.2M Pre-Seed round

Rho Labs enables on-chain rates trading through proprietary concentrated liquidity Virtual Automatic Market Maker (vAMM) and margin engine. It enables users to trade rates such as staking rewards and perpetual funding rates, 24/7, free of counterparty risk, and with extreme capital efficiency. Here are details of Rho Labs‘ latest funding round :

https://www.rho.trading/

🚀 Launch

🏭 Industry

Financial services

🧠Management

Alex Ryvkin, (Founder & CEO)

💸 Funding & Investors

INVESTMENT (Novembre 2023)$2.2 million (Pre-seed)
INVESTORS (Novembre 2023)led by Speedinvest, with participation from KeyrockRe7 CapitalDaedalus Collective, and Dmitry Tokarev.

🎯 Funding purpose

Expand operations and its business reach.

🌐 Country HQ

UK (London)

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