Ekiden Secures $2 Million in Funding for On-Chain Trading Infrastructure

Crypto infrastructure startup Ekiden has made significant strides in its mission to revolutionize on-chain trading for professional traders. The company has secured $2 million in funding from a group of esteemed investors, including GSR and Pyth.

The platform's innovative approach pairs off-chain matching with on-chain settlement, enabling users to maintain self-custody while benefiting from institutional-grade execution standards. This model is designed to appeal specifically to desks, market makers, and algorithmic traders who require high-quality trading infrastructure.