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Shuttle Labs Secures $6M Seed Funding for Genius Self-Custodial Digital Asset Trading Exchange
Oct 23, 2024•over 1 year ago
Contract Type
partnership
Description
Shuttle Labs has secured $6 million in seed funding from prominent investors, including Anthony Scaramucci, CMCC Global, The SALT fund, Flow Traders, and multiple former FTX employees, to launch the beta of Genius, a self-custodial digital asset trading exchange experience. Genius addresses key issues in the crypto market, such as safety, user control, and decentralization.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months