Odaily Planet Daily reported that the cryptocurrency trading and lending platform Membrane Labs completed US$20 million in Series A financing from Brevan Howard Digital, Point72 Ventures, Jane Street, Flow Traders, QCP Capital, Two Sigma Ventures, Electric Capital, Jump Crypto, QCP Capital, GSR Markets, Belvedere Trading and Framework Ventures participated in the investment.
CEO Carson Cook said the company initially built a settlement and settlement engine that enables institutions to choose where and how to custodian funds (whether it's a custodian or a multi-party computation MPC wallet), and then decides where and how to execute via the front end trade. (CoinDesk)