Synthetix, a decentralized trading platform, raised $12m in funding.
Backers included Coinbase Ventures, Paradigm and IOSG.
The company intends to use the funds to expand its business reach and recruit talent.
Run by a decentralized automatic organization, Synthetix provides a platform on which users can create (using a synth token called SNX) and tradeĀ synthetic assetsĀ and commodities.
FinSMEs
15/02/2021