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Variational Secures $50 Million for Derivatives Protocol
PYMNTS·
On-chain derivatives trading protocol Variational has successfully raised $50 million in a Series A funding round. This significant capital injection coincides with the launch of the protocol's initial real-world asset (RWA) markets. The new markets will enable traders to engage with perpetuals on select commodities, integrating them alongside existing cryptocurrency portfolios. This strategic expansion aims to broaden the scope of decentralized finance offerings and attract a wider range of investors to the platform, marking a key step in Variational's growth trajectory.
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fintech
funding
crypto
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PYMNTS — pymnts.com