Hybrid crypto trading platform Cube.Exchange completed $12 million in Series A financing at a $100 million valuation
Hybrid cryptocurrency trading platform Cube.Exchange announced the completion of a $12 million Series A financing round, led by 6th Man Ventures, with participation from GSR markets, ParaFi Digital, Susquehanna Private Equity Investments, and Everstake Capital. The valuation of this round of financing reached $100 million. It is reported that Cube uses a hybrid model of off-chain order matching and on-chain settlement, allowing users to maintain asset ownership without having to transfer assets to the exchange's custody account.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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