💰 Crypto exchange raises $15 million to grow CFTC regulated business

Boston based investment firm Bain Capital has led a $15 million round of funding for institutional cryptoasset exchange Seed CX. The funds will be used to help grow Seed CX's regulated spot market and derivatives exchange by improving infrastructure and expanding the company's network of institutional trading groups. The investment is a notable follow-up to Bain's participation in the $133 million funding round for stablecoin Basis earlier this year.

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