[Decentralized Exchange Ostium Completes $20 Million Series A Financing]
Decentralized exchange Ostium announced the completion of a $20 million Series A financing round, led by General Catalyst and Jump Trading's cryptocurrency division, with participation from Coinbase Ventures, Wintermute, and GSR. Reportedly, this round of financing values Ostium at approximately $250 million. Ostium was founded by two Harvard graduates and supports users in trading real-world assets such as stocks, metals, oil, and select cryptocurrencies, while offering higher risk-bearing options through perpetual futures.