EntropyIO Completes $14 Million Funding Round and Secures $40 Million in HYPE Staking Support

Odaily Planet Daily News EntropyIO announced the completion of a $14 million funding round, led by Ribbit Capital, along with $40 million worth of HYPE staking support. Its first markets have gone live on Hyperliquid.

EntropyIO stated that it has launched the first liquid Anthropic trading market and plans to further expand coverage to assets such as Pre-IPO startups, computing resources, listed companies, and global indices to enable 24/7 trading.

Team members come from Citadel Securities, Optiver, Polymarket, and Millennium. The company has also developed a liquidity-weighted oracle that dynamically adjusts the price weight of external oracles based on executable market depth, aiming to improve price discovery and liquidity for new asset classes.