Crypto Funding Trends: Layer-2 Solutions and Derivatives Exchanges
In the crypto world, layer-2 solutions and derivatives exchanges are seeing a funding surge:
1. Layer-2 Funding Boost: Espresso secures $28M Series B, Morph raises $20M seed, and TEN gets $9M led by R3.
2. Derivatives Rise: Rails nets $6.2M for self-custody perpetuals, Kemet bags $5M for institution-focused infrastructure.
3. Other Highlights: Succinct lands $55M Series A, MANTRA raises $11M, Sonarverse gets $7M for on-chain data platform.
These investments signify growing confidence in scalability solutions and diversified trading platforms.