TechFlow News, October 23 — According to The Block, Variational, a cryptocurrency derivatives trading protocol built on Arbitrum, has raised $10.3 million in seed funding. The round was co-led by Bain Capital Crypto and Peak XV Partners (formerly Sequoia India and Southeast Asia), with participation from Coinbase Ventures, Dragonfly Capital, North Island Ventures, Hack VC, and others.
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