2 years ago
Ostium Labs Secures $3.5 Million to Build Decentralized Trading Hub for Real World Assets
Ostium Labs, a London-based provider of a hybrid pooled liquidity model, has raised $3.5 million in seed funding led by General Catalyst and LocalGlobe
The company plans to use the funds to launch its flagship Protocol, an on-chain trading hub for Real World Assets (RWAs), enabling traders to gain price exposure to a variety of asset classes previously unavailable on-chain
Ostium Labs is the team behind the Ostium protocol, a decentralized perpetuals exchange purpose-engineered for Real World Assets
Its hybrid pooled liquidity model enables no-slippage trading at oracle price.
ProblemFinancial Services
"making price exposure to various asset classes available on-chain"
Solution
"a decentralized perpetuals exchange for Real World Assets with a hybrid pooled liquidity model"