On-chain perpetual futures exchange Extended completes $12.5 million strategic financing

金色财经2026/07/02 22:56

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Jinse Finance reported that on July 3, on-chain perpetual futures exchange Extended completed a $12.5 million strategic financing round, led by eToro with participation from Jump Crypto and others. Extended was founded by former Revolut employees, will launch at the end of 2024, and is built on StarkWare's StarkEx scalability engine. Zengo, founded in 2018, uses multi-party computation encryption technology to eliminate the need for mnemonic phrases, offering token swap, staking, and DApp access functions. This investment forms a strategic cooperation with Zengo, the self-custody wallet acquired by eToro earlier this year. Both parties will focus on expanding global financial market access through next-generation on-chain infrastructure and exploring the connectivity between traditional financial assets and decentralized trading environments.

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According to Bloomberg, CoreWeave is seeking to refinance at least 4 billion USD through an investment-grade loan, led by Morgan Stanley and Mitsubishi UFJ, with a syndication roadshow expected to start as soon as next week. This financing continues the structure of using Nvidia chips and customer contracts as collateral, with the yield on the issuance anticipated to be around 7% to 7.5%, much lower than its junk bond yield. Following the news, CoreWeave's shares fell nearly 5.8% after hours.

华尔街见闻•2026/11/11 23:46

CoreWeave plans to issue at least $4 billion in investment-grade loans, falling nearly 6% after hours

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智通财经•2026/11/11 23:46