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

Jinse Finance reported that Ostium, a decentralized exchange founded by two Harvard graduates, has announced the completion of a $20 million Series A funding round. The round was led by venture capital firm General Catalyst and the crypto division of quantitative trading firm Jump Trading, with participation from Coinbase Ventures as well as crypto market makers Wintermute and GSR. According to sources familiar with the matter, this round values Ostium at approximately $250 million. Ostium allows users to trade real-world assets such as stocks, metals, oil, and certain cryptocurrencies, and supports taking on higher risk through perpetual futures.