Tristero, a San Francisco, CA-based company developer of decentralized dark pool technology, raised $4.8M in Seed funding.
The round was led by General Catalyst and Steel Perlot.
The company intends to use the funds to build markets designed to minimize the price impact of trades, an invisible cost to all market participants.
Led by CEO and Founder Sam Trautwein, Tristero is developing technology to enable dark dark pools. The company is set to debut a proof of concept to lower costs for cross chain stablecoin transactions. It is enabling more efficient markets that put money back in the pockets of builders and investors by designing markets that take into account the invisible costs associated with large trades.
Tristero will launch its first product in Q2 of 2023.
FinSMEs
04/05/2023