Decentralized exchange Ostium completes $20 million Series A funding round, led by General Catalyst and others.

Decentralized exchange Ostium has announced the completion of a $20 million Series A funding round, led by venture capital firm General Catalyst and the cryptocurrency division of quantitative trading firm Jump Trading. Coinbase Ventures, as well as cryptocurrency market makers Windemute and GSR, also participated. Sources familiar with the matter revealed that this round values Ostium at approximately $250 million, bringing its total funding to date to $28 million. Ostium allows users to trade real-world assets such as stocks, metals, oil, and some cryptocurrencies, and supports higher risk through perpetual futures. (Fortune)