Hybrid Exchange Cube Raised $9M in Seed Funding

Cube.Exchange, a hybrid trading platform fusing traditional finance with blockchain technology, has raised $9 million in seed funding.

Investors in the fundraise include but are not limited to Asymmetric Technologies, Susquehanna Private Equity Investments, LLLP, Everstake, Foundation Capital, Big Brain Holdings, Third Kind Venture Capital, Arche Fund, WWVentures, members of the Cube.Exchange management team, and others.

Cube.Exchange aims to solve the problem of founder risk by creating a unique hybrid market structure that takes advantage of the benefits of both traditional exchanges and the efficiencies offered by embracing certain elements of Web3 technology. This is designed to ensure that assets remain under the ownership of users and are never subject to co-mingling, re-hypothecation, misappropriation, or other illicit use by exchange founders or team members.

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