GlobeDX Raises $18M to Build a Next-Generation Derivatives Exchange

GlobeDX Raises $18M to Build a Next-Generation Derivatives Exchange

Up-and-coming derivatives exchange GlobeDEX – or Globe as it’s simply known – has closed a private round worth $18 million.

A host of blockchain VCs lined up to back the exchange on its mission to create an advanced trading platform that can cut it with the best of them.

Its team, who can’t be accused of lacking ambition, are confident that they can transform Globe into a global exchange that’s as appealing to novices as it is to pro traders. All the usual staples you would expect of a derivatives exchange are present and accounted for including leverage of up to 100x, bitcoin futures, and defi assets. In addition, though, Globe boasts exposure to the Crypto Volatility Index, a perpetual product that’s sure to appeal to seasoned traders.

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Y Combinator Leads Packed Investment Round

Y Combinator and Pantera Capital were among the lead investors in Globe’s private round which also saw Draper Dragon, Republic Crypto, OKEx, CMT Digital, and

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