TechFlow News — Decentralized exchange Mauve has announced a $15 million funding round, with participation from Brevan Howard, Coinbase Ventures, BlueYard Capital, Balderton, Ethereal Ventures, and FinTech Collective.
According to reports, Mauve offers secure self-custody and modular design, along with all the rigorous compliance checks found in traditional banks and brokerages. In addition to built-in traditional "Know Your Customer" tools, Mauve will include security features such as geofencing, which will block users from countries under U.S. sanctions from accessing the platform.
Additionally, Mauve will enable trading of assets such as stablecoins and Ethereum, though the range of available assets will be determined by the user's nationality.Source link
