Self-hosted cryptocurrency trading platform Rails completes $6.2 million in seed round financing, with participation from Slow Ventures and others

03/22 01:41

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Rails, a self-hosted cryptocurrency trading platform, has announced the completion of a $6.2 million seed round of financing, with participation from Slow Ventures, CMCC Global, Round13 Capital, and Quantstamp. Rails uses a centralized order book to drive the execution of the best trades, and combines this with a self-hosted decentralized solution on the blockchain to achieve transparent fund custody, thereby protecting user funds and gaining user trust, avoiding problems similar to FTX.

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