Antarctic Completes $7 Million Financing Round with Participation from Valisa Capital Markets

Singapore-based decentralized perpetual contract exchange Antarctic has announced the completion of a $7 million financing round, with a valuation of $70 million. The investment was participated in by institutions including Valisa Capital Markets, Lucidity Capital, Republic Crypto, and a proprietary trader making their first foray into crypto assets. The platform targets retail derivatives traders, offering trading tools similar to those found on centralized exchanges. The founding team members have previously worked at OKX, Binance, and MEXC.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.