Cryptocurrency derivatives exchange Bitnomial has completed a $25 million financing round, led by Ripple Labs. Ripple CEO Brad Garlinghouse will join the Bitnomial board. Additionally, Bitnomial announced the upcoming launch of its new U.S. perpetual futures trading platform, Botanical, which is currently in closed testing.

Foresight News reports that the crypto derivatives exchange Bitnomial has announced the completion of a $25 million financing round, led by Ripple Labs. Ripple CEO Brad Garlinghouse will join the Bitnomial board. Additionally, Bitnomial announced the upcoming launch of its new U.S. perpetual futures trading platform, Botanical, which is currently in a closed testing phase.