This funding accelerates August’s on-chain prime brokerage capabilities. With seamless cross-margining and enhanced capital efficiency, clients can hedge DeFi portfolios with CeFi rails – all within a single on-chain account.
“The events of 2022 following the collapse of large centralized finance counterparties, more liquidity and volume has moved on-chain over the past two years, demonstrating that transparency and risk management are non-negotiable," said Co-CEO Aya Kantorovich.
https://pulse2.com/august-10-million-series-a-raised-for-on-chain-prime-brokerage-platform/