What is SynFutures?
Founded in 2020, SynFutures is at the forefront of creating an open and trustless derivatives market by enabling trading on a wide array of assets with price feeds. The exchange aims to lower the barrier to entry in the derivatives sector, fostering a more equitable digital assets exchange environment. By maximizing the variety of tradable assets and cultivating a free market, SynFutures is positioning itself as a key player in the evolving landscape of decentralized finance and synthetic asset trading.
How much funding has SynFutures raised?
SynFutures has raised a total of $36M across 2 funding rounds:
Series A
$14M
Series B
$22M
Series A (2021): $14M with participation from IOSG Ventures, Wintermute, Framework, Pantera Capital, Kronos, Polychain Capital, Bybit, and CMS
Series B (2023): $22M led by HashKey Capital, Pantera Capital, and Susquehanna International Group
Key Investors in SynFutures
HashKey Capital
HashKey Capital is a global, crypto-native digital asset and blockchain leader that supports institutions, founders, and talents in advancing blockchain industries. As one of the largest crypto funds and an early institutional investor in Ethereum, they manage over US$1 billion in client assets and have made over 500 investments.
Pantera Capital
Pantera Capital is a blockchain-focused investment firm that backs founders and digital asset networks, combining venture and hedge strategies to provide broad exposure to cryptocurrencies and companies shaping future financial infrastructure.
Susquehanna International Group
Susquehanna International Group (SIG) is a global quantitative trading firm and a major player in financial markets, known for its expertise in options trading and market making across various asset classes, including digital assets.
What's next for SynFutures?
With the recent influx of major strategic investment, SynFutures is poised for accelerated expansion and product development. The company is expected to leverage this capital to enhance its platform's capabilities, broaden its asset offerings, and strengthen its market presence. Further development of its synthetic asset infrastructure and the expansion of its user base are likely strategic priorities, aiming to solidify its position as a leading derivatives exchange in the global digital asset ecosystem.
See full SynFutures company page