TechFlow News — Bracket Labs, an Arbitrum-based DeFi derivatives platform, has announced the successful completion of a $2 million seed funding round. The round was backed by Binance Labs, NGC Ventures, Cypher Capital, 0x Capital, PHD Capital, FJ Labs, SCC Investments, K300 Ventures, Scope Research, W3Coin Ventures, Titan Equity Group, and Bitfund DAO, among others, to support the launch of its volatility trading product "Passage" on the BracketX trading platform.
In June 2023, Bracket Labs graduated from the fifth season of Binance Labs' incubation program. Passage introduces a limit order book and vaults to enhance market liquidity.
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