Antarctic Completes $7 Million Financing Round with Participation from Valisa Capital Markets
Singapore-based decentralized perpetual contract exchange Antarctic has announced the completion of a $7 million financing round, with a valuation of $70 million. The investment was participated in by institutions including Valisa Capital Markets, Lucidity Capital, Republic Crypto, and a proprietary trader making their first foray into crypto assets. The platform targets retail derivatives traders, offering trading tools similar to those found on centralized exchanges. The founding team members have previously worked at OKX, Binance, and MEXC.
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