Fundz

GTE has raised $15 million in a Series A round led by Paradigm, aiming to rival HyperLiquid in the decentralized trading space.

PRIVATEJun 23, 2025

Amount Raised

$15 Million

Round Type

Series A

New YorkInformation TechnologyE CommerceFintechBlockchainCryptocurrency

Investors

Paradigm

Description

Decentralized trading venue GTE has raised $15 million in a Series A round led by Paradigm. The exchange plans to compete with HyperLiquid, making spot trades cheaper and more efficient. GTE aims to achieve latency comparable to Binance and Coinbase. The platform is entirely non-custodial, allowing traders to maintain control over their assets.

Quick answer

GTE raised $15 Million in a Series A round, dated June 23, 2025. Investors: Paradigm. GTE is based in New York, New York, United States.

How much did GTE raise?
GTE raised $15 Million in a Series A round on June 23, 2025.
Who invested in GTE?
Paradigm is named as investors in this round.
What does GTE do?
GTE is a decentralized trading venue that positions itself as the world's fastest decentralized exchange.
Where is GTE based and how big is it?
GTE is based in New York, New York, United States. Fundz records about 11 employees.

Source: Fundz verified event record.

Who else raised in E Commerce and Fintech around the same time

Companies in the same sectors as GTE that raised within 45 days of this round, from Fundz verified event records.

  • Midl raised $2.4M (Seed) on July 30, 2025.
  • Dakota raised $13M (Series A) on July 15, 2025.
  • MoneyBadger raised $400K (Pre-Seed) on July 15, 2025.
  • Dakota raised $13M (Series A) on July 15, 2025.
  • DigitalX raised $13M (Funding Round) on July 8, 2025.
  • Olaxbt raised $3.4M (Seed) on July 6, 2025.

Who to call at GTE, and when

A new round usually means GTE is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day GTE raises, hires an executive or expands, scored against what you sell
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  • Who you already know at GTE, from your own LinkedIn network

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Company Information

Company

GTE

Location

New York, New York, United States

About

GTE is a decentralized trading venue that positions itself as the world's fastest decentralized exchange. It aims to rival existing platforms like HyperLiquid, Uniswap, and Pancake Swap by offering more efficient spot trades. The platform plans to utilize a central limit order book for matching buyers and sellers, distinguishing itself from automated market maker engine models. GTE is focused on providing a non-custodial trading experience, allowing users to trade without relinquishing custody of their assets.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

GTE raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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