Variational (Seed)
Funding Details
Awarder
Inbox
Date Award
July 1, 2021
Vertical
Crypto Derivatives Trading
Funding URL
View Funding Page
Funding Amount
$10,300,000
Company Info
Founding Year
2021
Traction
Variational has launched its testnet and is preparing for the mainnet, with plans to expand its team and product offerings.
Founders
Lucas Schuermann, Edward Yu
Market
Peer-to-peer trading and settlement
Location
Cayman Islands
Coinvestors
Bain Capital Crypto, Peak XV Partners, Coinbase Ventures, Dragonfly Capital, North Island Ventures, Hack VC
Company Description

Variational is a peer-to-peer crypto derivatives trading protocol built on the Ethereum Layer 2 network Arbitrum, enabling seamless execution of customized derivatives contracts using automated infrastructure.

Links
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