Odaily News Vest Labs, a financial infrastructure company focused on real-time risk pricing, has completed a $5 million seed round of financing led by leading financial and crypto investors including Jane Street, Amber Group, Selini Capital, QCP Capital, and Big Brain Holdings.
Vest aims to improve the transparency and efficiency of financial markets by replacing the traditional trust-based market model with a real-time, verifiable risk pricing system. The company's universal risk engine can dynamically price risks across markets and financial products, helping to address inefficiencies in current financial markets and improve capital allocation and liquidity.
Vest also plans to launch a perpetual futures exchange, using blockchain technology and zero-knowledge proof to achieve fair pricing, ensure stable price execution and improve market liquidity. This round of financing will be used to further improve the risk engine and expand its products to meet the needs of institutional investors for innovative risk infrastructure.