CoinVoice has recently learned that on October 6, according to The Block, cryptocurrency startup Ostium Labs completed a $3.5 million financing, with General Catalyst, LocalGlobe, SIG and Balaji Srinivasan participating in the investment. The funds will be used to develop a digital commodity perpetual contract protocol.

It is reported that Ostium Labs aims to attract traditional commodity traders and crypto-native traders by providing transparent and flexible trading alternatives, including various assets such as oil, Bitcoin, and foreign exchange trading pairs. [Original link]