「TradFi-native」 Contract-based DEX Project QFEX Completes $9.5M Seed Round, Led by General Catalyst

BlockBeats News, March 5th, On-chain smart contract trading platform QFEX completed a $9.5 million seed round financing. This round of financing was led by General Catalyst, with participation from Y Combinator, Paul Graham, Nexus Venture Partners, Moonfire VC, Goodwater Capital, Liquid 2 Ventures, 468 Capital, Ritual VC, and other well-known institutions and angel investors.

The official statement indicated that QFEX is positioned as the first "TradFi-native" perpetual contract trading platform, offering 24/7 high-leverage trading of traditional assets (RWA) such as US stocks, indices, commodities, and forex, with leverage of up to 50x. The platform aims to enable retail investors to compete on equal footing with institutions and high-frequency trading firms. Team members are from top trading firms such as Citadel, Jump Trading, Optiver, Jane Street, Tower Research Capital, Flow Traders, with deep backgrounds in traditional finance and high-frequency trading.