Deep Trend TechFlow news, according to The Block, cryptocurrency startup Ostium Labs completed US$3.5 million in financing, with participation from General Catalyst, LocalGlobe, SIG and Balaji Srinivasan. Funds will be used to develop digital commodity perpetual swap protocols.
It is reported that Ostium Labs aims to attract traditional commodity traders and local cryptocurrency traders by providing transparent and flexible alternatives for trading assets such as oil, Bitcoin, and foreign exchange pairs.
