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LINK $12.48 -1.14%
HYPE $86.61 +3.19%
AAVE $130.43 -0.19%
SUI $0.8262 +1.92%
XLM $0.1906 +0.77%
ZEC $1,240.22 +10.51%

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

2023-05-04 10:42:06

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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