On-chain options protocol Moby announces funding from Arbitrum Foundation

01/24 00:25

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Moby, a chain-based options protocol, announced that it has received funding from the Arbitrum Foundation, becoming the first options protocol to receive funding from the Arbitrum Foundation before the official launch of Arbitrum One. The protocol indicates that in the 96 hours since the latest update of the Arbitrum test network, Moby has generated over 10 billion US dollars in options trading volume. Moby plans to launch on Arbitrum One in the first half of 2024.

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