Crypto Derivatives Exchange D2X Raises $10M in Series A Funding for Institutional Expansion and Launch of Regulated Trading Venue.

Amsterdam-based crypto derivatives exchange company D2X has raised $10 million in Series A funding, led by Point72 Ventures. The funds will be used to expand operations and development efforts. D2X is launching the first regulated crypto futures and options trading venue out of the Netherlands, which will facilitate institutional adoption of the asset class. The platform will feature cash-settled EUR-denominated BTC and ETH derivatives, and will operate seven days a week with off-exchange collateral accounts in partnership with a Tier-1 EU credit institution.