CloseCross, founded in 2008, is pioneering the realm of decentralized finance with its innovative derivatives platform. This United Kingdom-based startup has introduced the first fully decentralized platform for derivative trading, opening the financial derivatives market beyond traditional confines. Its unique offering allows users to engage in peer-to-peer derivative trading without the necessity for extensive financial acumen.
The platform boasts a compelling slogan: “Great returns without leverage!” emphasizing accessibility and empowerment in derivative trading across crypto, fiat, indexes, and more. By eliminating intermediaries, CloseCross effectively mitigates costs and reduces risks, placing more control in traders' hands. This model appeals to both seasoned financial traders and newcomers, encouraging engagement with the dynamic world of derivatives.
In its journey, CloseCross has attracted significant investment, securing a $3.00M Series A funding from Amnis Ventures on January 30, 2019. Positioned at the intersection of Blockchain, Financial Services, and the Internet, the company is well-poised for further growth.