fintech / news / / Fortune
Cayman Islands-based Variational has raised a $50 million Series A funding round.
Variational raised a $50 million Series A led by Dragonfly Capital, with Bain and Coinbase investing.
KEY POINTS
- Variational aggregates liquidity from both crypto exchanges and traditional finance dealers, unlike Hyperliquid.
- The company characterizes itself as more brokerage-like than an exchange, citing Robinhood as a comparison.
- Variational plans to expand its Omni platform from invite-only to public access in select jurisdictions.
- Variational aims to create a 'retail zero-to-one moment' for real-world asset trading via deep liquidity.
COMPANIES
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