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Velar raises $3.5m in Seed funding

FinTech Collective

February 5, 2024

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FinTech Collective

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Dubai based Decentralized Perpetual Derivatives Exchange (PerpDEX) raised $3.5m in Seed funding from investors including Black Edge Capital and CMS Holdings.

"Velar’s objective is to tap into the dormant liquidity of $800b within the Bitcoin network for its evolving DeFi environment."

https://blockchainreporter.net/velar-secures-3-5-million-funding-to-build-worlds-first-perpetual-dex-on-bitcoin/

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