12/3/2025
202 words
1 min read
Ostium Raises $20M Series A Led by General Catalyst, Jump Crypto to Put TradFi Perps Onchain
Overview
Ostium, a perpetuals protocol built on Arbitrum, has successfully raised $20 million in a Series A funding round. This round was led by General Catalyst and Jump Crypto, aiming to bring traditional finance perpetual contracts on-chain.
What Happened
Ostium’s protocol has already made a significant mark in the trading space, processing $25 billion in trading volume. It provides users with self-custodial betting options on various assets, including gold and foreign exchange (FX), as well as other real-world markets. This innovative approach allows users to engage in trading without the need for centralized custody, aligning with the growing trend toward decentralization in finance.
Impact on the crypto market
- The successful funding round highlights increased investor interest in decentralized finance solutions.
- Ostium’s focus on traditional finance assets may attract a broader audience to the crypto space.
- The protocol’s self-custodial model could influence other projects to adopt similar frameworks, promoting user ownership and security.
- The significant trading volume processed by Ostium indicates robust market engagement and potential for further growth in decentralized trading platforms.
- The backing from notable investors like General Catalyst and Jump Crypto may enhance credibility and trust in Ostium’s offerings, influencing market perceptions.
Updated: 12/3/2025, 5:27:09 PM
