SynFutures Raises $22 Million in Funding Round Led by Pantera Capital

By: Eliza Bennet

SynFutures, a promising name in decentralized derivatives exchanges, has successfully raised $22 million in a funding round. This significant investment was led by the notable Pantera Capital. Other prominent participants in this round included Susquehanna International Group and HashKey Capital.

The funds are set to aid the innovative V3 release of SynFutures, aimed at bolstering DeFi's derivatives infrastructure. The focus is also on reaching out and accommodating institutional players, signaling an intention to bridge the gap between traditional and decentralized finance.