Cryptocurrency startup Tristero plans to raise $4.8 million to establish a cryptocurrency dark pool

2023-05-04 10:42:06
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ChainCatcher news, the crypto startup Tristero is raising $4.8 million to establish a trustless cryptocurrency dark pool aimed at facilitating large crypto trades without alerting the market and significantly altering prices.

A dark pool is a private exchange primarily used for large trades by high-net-worth individuals and institutions.

Currently, Tristero is launching a proof of concept where traders can trade stablecoins across different blockchains based on LayerZero, with the goal of launching the first dark pool this year. (source link)

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