Ostium Labs completes US$3.5 million in financing, with participation from General Catalyst and others

Odaily News Cryptocurrency startup Ostium Labs completed US$3.5 million in financing, with participation from General Catalyst, LocalGlobe, SIG and Balaji Srinivasan. Co-founder Kaledora Kiernan-Linn said the new protocol being developed by Ostium Labs will support perpetual contract trading related to oil, Bitcoin and oil. It will also support trading on FX pairs for the Australian dollar, British pound, euro and Japanese yen. (The Block)