2 years ago
Rho Labs Secures $2.2 Million for Blockchain-Based Rates Derivatives Platform
Rho Labs, a London-based fintech startup, has raised $2.2 million in a pre-seed funding round led by Speedinvest
The company is building a blockchain-based market for rates derivatives, offering traders access to digital asset lending, funding rates, and staking
The investment will be used to launch a private beta before the end of the year.
ProblemFinancial Services
"Traders lack a secure and efficient platform built on blockchain technology for digital asset lending, funding rates, and staking in the rates derivatives market."
Solution
"Rho Labs offers a blockchain-based trading platform for rates derivatives, enabling secure and efficient digital asset lending, funding rates, and staking."