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Variational has raised approximately $50 million in a Series A funding round led by Dragonfly, with participation from Bain Capital Crypto and Coinbase Ventures.
PRIVATEAug 27, 2026•about 4 hours ago
Amount Raised
$50 Million
Round Type
Series A
George TownSoftwareBlockchainCryptocurrency
Investors
Coinbase VenturesBain Capital CryptoDragonfly
Description
Variational completed an approximately $50 million Series A funding round, bringing its total public funding to about $60.3 million. The round saw participation from notable investors such as Bain Capital Crypto and Coinbase Ventures. Variational follows a request-for-quote derivatives model and aims to allocate around 50% of tokens to the community. The funding will support their Omni points program and enhance their liquidity offerings.
Company Information
Company
Variational
Location
George Town, Grand Cayman, Cayman Islands
About
Variational is a peer-to-peer trading protocol for perpetuals and generalized derivatives. Variational is backed by Sequoia Capital, Bain Capital, Coinbase Ventures, Dragonfly Capital, HackVC, Brevan Howard, and many others.
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George TownSoftwareBlockchainCryptocurrency