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RateX, the World’s First Leveraged Synthetic Yield Exchange, Completes Seed Funding Round


Leveraged Synthetic Yield Exchange

July 15, 2024


RateX has successfully secured a Seed funding round. The contributors to this round include LeadBlock Bitpanda Ventures, Animoca Ventures, KuCoin Ventures, Presto Labs, Summer Ventures, G Ventures, Initial Ventures, GSR, SNZ Holding, among others. This marks a significant milestone in RateX's journey.

Project

Latest Raise Date

Stage

Category

RateX

July 15, 2024

Seed Round

Trading

About RateX

RateX is a groundbreaking platform that stands as the world’s first leveraged synthetic yield exchange. It offers a platform for users to trade leveraged synthetic assets, providing enhanced yield opportunities. The platform combines the benefits of synthetic asset trading with leveraged positions, enabling users to maximize their returns while managing risk.


RateX is more than just a trading platform; it’s a facilitator of urban development. By actively trading, transferring, and leveraging air rights, RateX is contributing to vertical construction, preserving unobstructed views, and supporting low-altitude drone operations. Investors could buy, sell, or rent air rights, enhancing their investment portfolios and ensuring unimpeded drone corridors.


 

About Investor

The contributors to this round include LeadBlock Bitpanda Ventures, Animoca Ventures, KuCoin Ventures, Presto Labs, Summer Ventures, G Ventures, Initial Ventures, GSR, SNZ Holding.

 

 

 

A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.

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