American Perpetuals Exchange Completes $30 Million Funding Round Led by Lux Capital

Odaily news sources reveal that American Perpetuals Exchange, a derivatives trading platform led by Theodore Gillibrand, son of U.S. Senator Kirsten Gillibrand, has completed a $30 million funding round, led by Lux Capital.

According to reports, the platform plans to apply for relevant licenses from the U.S. Commodity Futures Trading Commission (CFTC) and intends to launch perpetual futures products for stocks and stock indices, rather than cryptocurrency perpetual contracts. (Fortune)