TechFlow news: EthosX, a decentralized derivatives infrastructure platform, has announced the completion of an $1.8 million funding round from investors including Y Combinator, Franklin Templeton, Ascensive Assets, Emurgo Ventures, Stacker VC, Sudo Research, Token Metrics Ventures, Cogitent Ventures, Asymmetry VC, and Upsparks VC.
Founded in 2022 by Deepanshu, former Vice President of Global Derivatives Clearing at JPMorgan Chase, EthosX is part of Binance Labs' sixth-season MVB Accelerator program. The company provides automated, non-custodial clearing and settlement services for financial derivatives. As a blockchain-based infrastructure, EthosX aims to eliminate inefficiencies, enhance transparency, and redefine the future of global derivatives trading.
