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Perp DEX Aggregator Liquid Completes $7.6M Seed Round, Led by Paradigm
BlockBeats News, November 4th, according to The Block, cryptocurrency startup Liquid has integrated multiple decentralized perpetual contract trading platforms (including Hyperliquid, Lighter, and Ostium) into one non-custodial application and raised $7.6 million in a seed round.
Liquid founder Franklyn Wang stated that the funding round was led by Paradigm, with participation from General Catalyst and several angel investors, including Ashwin Ramachandran from Brevan Howard Digital, Eric Wu from Opendoor, Vlad Novakovski from Lighter, and crypto trader smartestmoney.hl.
Wang explained that the funding round was done in the form of equity and was completed in just five days in March, with no comments made on the post-money valuation.
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