Home Cryptocurrency Crypto Options Trading Startup Synquote Raises $2.8M From Initialized Polygon

Crypto Options Trading Startup Synquote Raises $2.8M From Initialized Polygon

by SuperiorInvest

Synquote, a self-proclaimed decentralized exchange (DEX), plans to support the buying and selling of options in more than 500 generally illiquid instruments on the Polygon, Avalanche and BNB Chain layers. It unlocks liquidity by allowing traders to get options quotes directly from market makers – a first in decentralized finance, according to Imran Khan, whose startup accelerator AllianceDAO incubated Synquote and is also investing in the round.

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