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Convergence RFQ Raises $2.5M for Solana-Based Crypto Trading Platform Supporting Spot and Derivatives

Convergence RFQ, a trading platform based on Solana, has raised $2.5 million in pre-seed funding from investors including C² Ventures and Big Brain Holdings. The platform, which supports both spot and derivatives trading, uses a request for quote (RFQ) system to resolve issues with slippage and front-running.

Convergence RFQ plans to launch early next month on Solana and later on Ethereum Layer 2 network Arbitrum, and has set the governance token's ticker symbol as CVG. The startup currently has six employees and plans to expand its marketing and growth functions.

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