Vega, a startup that is building a decentralized protocol for creating and trading on derivatives markets, has raised $5 million in funding.
Arrington Capital and Cumberland DRW co-led the round, which also included participation from Coinbase Ventures, ParaFi Capital, Signum Capital, CMT Digital, CMS Holdings, Three Commas and a slew of others. The new investment brings Vega’s total funding raised to over $10 million, according to Crunchbase data.
Vega Founder Barney Mannerings launched the Vega project in 2018 with the mission of giving anyone the ability to create and launch a derivatives market. The company claims that by eliminating centralized gatekeepers and …
