Theodore Gillibrand Launches Derivatives Exchange with $30M Raise
Theodore Gillibrand, son of pro-crypto Senator Kirsten Gillibrand (D-N.Y.), has raised $30 million to launch a derivatives exchange called American Perpetuals Exchange Corp. (APEC). The startup plans to offer perpetual futures contracts for equities and stock indices under CFTC regulation.
Topics: crypto derivatives startups venture_capital