Variational raises $50M Series A led by Dragonfly Capital to build zero-fee derivatives trading

Variational raised $50M from Dragonfly to pitch RFQ as the right architecture for RWA perps, arguing order books break beyond the top assets.

Catena Labs' bank charter pursuit could redefine financial infrastructure, enabling AI agents to operate within regulatory frameworks autonomously. The post Catena Labs secures $30M Series A, files for bank charter to build financial rails for AI agents appeared first on Crypto Briefing.

Insider Brief PRESS RELEASE — GovWell, the AI operating system for modern government, has announced it has raised $25 million in Series A funding led by global software investor Insight Partners, with participation from existing investors Work-Bench and Bienville Capital. The round also includes investment from three GovTech industry leaders: David Reeves (former President and CRO of […]

The post Onramp Raises $12.5M Series A To Scale Multi-Institution Bitcoin Custody Platform appeared on BitcoinEthereumNews.com. Onramp has raised $12.5 million in a Series A round led by Early Riders, valuing the bitcoin financial services firm at $135 million as it pushes to scale a custody model designed to meet institutional standards. The Austin-based company told Bitcoin Magazine it now holds more than $1 billion in assets under custody and has recorded zero security incidents since its founding in 2023. The new capital will support expansion of Onramp Finance, its recently launched platform that combines bitcoin custody, brokerage, and cash management, while funding new partnerships across banks, registered investment advisors, and fintech firms. At the center of the strategy is Onramp’s Multi-Institution Custody (MIC) model, which distributes key control across several regulated custodians rather than relying on a single entity or placing full responsibility on clients. The syst

Whale positioning on decentralized derivatives platform Hyperliquid has reached $4.236 billion in total exposure, with large traders showing an unusually balanced stance between bullish and bearish bets. Long positions account for roughly $2.099 billion, or 49.55% of total whale exposure,…

The post WazirX launches crypto Futures with lowest trading fees in the industry appeared on BitcoinEthereumNews.com. India, May 13, 2026: WazirX today announced the launch of crypto Futures trading, bringing crypto derivatives to Indian traders with a fee structure that makes professional-grade trading accessible to everyone. WazirX Futures will have a maker fee of 0.02% and a taker fee of 0.04%. Among Indian crypto exchanges, this is the lowest fee, with no volume threshold required to access it. Users can also access Futures directly with INR, without converting to USDT before opening a position, removing a friction point that has historically complicated derivatives trading for Indian retail traders. “Futures trading in India has meant high fees unless you are a large-volume institutional trader. We have changed that baseline. A trader starting out on WazirX Futures gets the same fee rate as an institutional trader on most other platforms.The aim is to provide a robust platform wit

Insider Brief PRESS RELEASE — Kohort has announced the completion of its $7 million Series A fundraising round to build user acquisition (UA) agents for mobile game studios. The round is led by The Raine Group, who invested in Kohort’s seed round. UA Agents: Context engineering meets signal engineering Kohort’s thesis is that in a world where […]

Basata has raised $21 million in a Series A led by Lan Xuezhao of Basis Set Ventures, with participation from Cowboy Ventures’ Aileen Lee and Sofeon, to scale its AI-powered referral management platform for specialist medical practices. Total funding stands at $24.5 million. Founded by CEO Kaled Alhanafi, a former Lyft and Cruise executive, president […]