Toronto-based Rails raises $6.2M in seed funding for self-custodial crypto exchange

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Cointime2024/03/22 13:04

By:Cointime

Toronto-based Rails has secured $6.2 million in Seed funding to expand its self-custodial crypto perpetuals exchange. The funding round was led by Slow Ventures, Round13 Capital, CMCC Global, and Quantstamp. Rails' platform allows users to maintain complete control of their funds using audited smart contracts on the blockchain, while trading on a proprietary matching engine.

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