TechFlow news, Vertex Protocol, a decentralized foreign exchange platform in the Terra ecosystem, has raised $8.5 million in seed funding led by Hack VC, Dexterity Capital, Jane Street, and Hudson River Trading.
Vertex aims to extend DeFi liquidity beyond stablecoins pegged to the U.S. dollar and plans to use the funds to expand its team, scale up the protocol, and develop its backend ahead of an official launch scheduled for summer 2022.
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