Decentralized derivative trading platform BBO EXCHANGE has completed a $2.7 million pre-seed financing round, with leading investments from HASHED and ARRINGTON CAPITAL. Other participants include CONSENSYS, CMS HOLDINGS, FLOW TRADERS, MANIFOLD TRADING, MASK NETWORK, LASER DIGITAL (NOMURA GROUP), ARCANE GROUP, DRAPER DRAGON, VESSEL CAPITAL, AULIS VENTURE, FORMLESS CAPITAL, PRESS START CAPITAL, ONE PIECE LABS, KEONE HON, and HONBO TANG. BBOX has now launched its testnet registration.

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<p>According to The Block, BBO Exchange (BBOX), a decentralized derivatives trading platform, has completed a $2.7 million Pre-Seed funding round. The round was led by Hashed and Arrington Capital, with participation from Consensys, CMS Holdings, Flow Traders, Manifold Trading, Mask Network, Laser Digital (Nomura Group), Arcane Group, Draper Dragon, Vessel Capital, Aulis Venture, Formless Capital, Press Start Capital, One Piece Labs, Keone Hon, and Honbo Tang. BBOX has now launched its testnet registration.</p>
<p>BBOX was one of the 12 projects in the 6th batch of the Binance Labs incubator. It solves the problem of oracle price latency through an auction mechanism. Additionally, BBOX AMM introduces multi-asset support and a dynamic management system based on market signals, aiming to provide higher capital utilization efficiency and income for on-chain traders and liquidity providers.</p>
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Decentralized derivatives trading platform BBO EXCHANGE has completed a PRE-SEED round of financing, raising 2.7 million USD.