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Synthetix raises $12m in new funding

Australia based decentralized trading platform raised $12m in new funding from Coinbase Ventures, Paradigm and IOSG.

“We’re excited about supporting the synthetixDAO as it builds the leading synthetic asset platform,” Arjun Balaji, Paradigm investment partner, said in a press release. “Synthetix has one of the best communities in crypto and we’re glad to be a part of it.”

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defi, australia, trading, capital markets