Derivatives platform Polysynth raised $3 million, led Prime and other investors

On July 15, Polysynth, a decentralized derivatives platform, closed a $3 million strategic funding round, LedgerPrime, QCP Capital, Sandeep Nailwal, Jaynti Kanani, Brevan Howard, Jump Capital, Hashed, DeFi Alliance, Smape and others participated. Polysynth has become the first sustainable futures trading platform on Polygon. The new funding will further expand Polysynth's derivatives offering and build new cutting-edge products, improve security and optimization by being audited by blockchain security companies, and continue to hire first-class engineers, designers and more. As BlockBeats previously reported, On November 16, Polysynth announced a $1.5 million seed funding round from Jump Capital, DeFi Alliance, Hashed, and others. Angel investors include Brevan Howard Asset Management co-founder Alan Howard, and Polygon co-founders Sandeep Nailwal and Jaynti Kanani.