Vest Labs has completed a $5 million seed round of financing, led by Jane Street and Amber Group.

Odaily Planet Daily News Vest Labs, a financial infrastructure company focused on real-time risk pricing, has completed a $5 million seed funding round. This round was led by prominent financial and crypto investors including Jane Street, Amber Group, Selini Capital, QCP Capital, and Big Brain Holdings.

Vest aims to replace the traditional trust-based market model with a real-time, verifiable risk pricing system, enhancing the transparency and efficiency of financial markets. The company's universal risk engine can dynamically price the risks of cross-market and financial products, helping to address inefficiencies in the current financial markets and improving capital allocation and liquidity.

Vest also plans to launch a perpetual futures exchange that utilizes blockchain technology and zero-knowledge proofs to achieve fair pricing, ensuring stable execution of prices and enhancing market liquidity. The funds from this round will be used to further refine the risk engine and expand its products to meet the demand of institutional investors for innovative risk infrastructure.