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dYdX raises $10m in Series B funding

San Francisco based maker of a decentralized exchange raised $10m in Series B funding led by Three Arrows Capital and DeFiance Capital.

"China is a very important market for dYdX, DeFi, and the global cryptocurrency industry," dYdX founder Antonio Juliano told The Block. "dYdX is committed to long-term success in China and is investing heavily in growth."

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defi, crypto, capital markets