Market Cap: $2.2274T 1.22%
Volume(24h): $43.1719B 13.79%
  • Market Cap: $2.2274T 1.22%
  • Volume(24h): $43.1719B 13.79%
  • Fear & Greed Index:
  • Market Cap: $2.2274T 1.22%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$87959.907984 USD

1.34%

ethereum
ethereum

$2920.497338 USD

3.04%

tether
tether

$0.999775 USD

0.00%

xrp
xrp

$2.237324 USD

8.12%

bnb
bnb

$860.243768 USD

0.90%

solana
solana

$138.089498 USD

5.43%

usd-coin
usd-coin

$0.999807 USD

0.01%

tron
tron

$0.272801 USD

-1.53%

dogecoin
dogecoin

$0.150904 USD

2.96%

cardano
cardano

$0.421635 USD

1.97%

hyperliquid
hyperliquid

$32.152445 USD

2.23%

bitcoin-cash
bitcoin-cash

$533.301069 USD

-1.94%

chainlink
chainlink

$12.953417 USD

2.68%

unus-sed-leo
unus-sed-leo

$9.535951 USD

0.73%

zcash
zcash

$521.483386 USD

-2.87%

Cryptocurrency News Articles

Stream Trading Raises $1.5M, Valued at $20M

Apr 11, 2024 at 03:45 am

Stream Trading, an Ethereum-based protocol for high-yield rate arbitrage trades, has secured $1.5 million in seed funding led by Polychain. Valued at $20 million, Stream Trading's innovative approach, which charges a 10% fee, has attracted angel investors and positioned the company amidst the growth in the decentralized finance (DeFi) market.

Stream Trading Raises $1.5M, Valued at $20M

Stream Trading Secures $1.5 Million in Seed Funding, Valuing Company at $20 Million

Stream Trading, an innovative protocol on the Ethereum blockchain, has successfully secured $1.5 million in seed funding, led by Polychain and supported by a consortium of angel investors. The investment has propelled the company's valuation to a remarkable $20 million.

At the core of Stream Trading's operation lies its groundbreaking protocol, which empowers depositors to partake in high-yield rate arbitrage trades. The company generates revenue through a service fee of 10% or more, establishing a lucrative revenue stream.

Surge Amidst Crypto Bull Market

With the cryptocurrency market experiencing a sustained bull run, the founding duo of Stream Trading, Diogenes Casares and Solal Afota, swiftly assembled a skilled team to capitalize on this momentum. Their astute strategies have yielded tangible results, as trading platforms within the decentralized finance (DeFi) ecosystem have witnessed substantial growth.

Having recently concluded its beta testing phase, Stream Trading has garnered an impressive $5 million in total value locked, propelling the company towards profitability.

Visionary Aspirations

Casares has outlined an ambitious vision for Stream Trading, aspiring to transform it into a preeminent decentralized perpetuals exchange. This aspiration pits the company against established rivals such as dYdX within the burgeoning DeFi derivatives sector.

Stream Trading distinguishes itself by prioritizing the optimization of funding rates, rather than simply reducing swap fees, marking a strategic departure from the traditional approach adopted by most protocols.

The successful funding round underscores the innovative approaches employed by nascent entities to secure their place within the burgeoning cryptocurrency landscape.

Disclaimer: The information provided in this article is solely for informational purposes and should not be construed as financial advice. Market evaluations and valuations are subject to fluctuations, and investors are advised to exercise due diligence before making any investment decisions.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jul 27, 2026