Antarctic Exchange, Decentralized Perpetual Contract Exchange, Raises $7 Million in Funding

September 7 news, according to Dealroom, Singapore-based decentralized perpetual contract exchange Antarctic Exchange has completed a $7 million funding round at a valuation of $70 million. Investors include Valisa Capital Markets, Lucidity Capital, and Republic Crypto, as well as proprietary traders entering the crypto asset space for the first time. The platform targets retail derivatives traders and offers tools similar to centralized exchanges. The founding team consists of former executives from OKX, Binance, and MEXC.