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Coinbase Ventures Invests in Rates Exchange as It Plans Product Expansion

The onchain platform currently offers interest rate swaps and plans to add foreign-exchange swaps and fixed-rate equity options.

Brass sliders meet across layered glass trading rails / TokenPost.ai
Brass sliders meet across layered glass trading rails / TokenPost.ai

Rates Exchange announced that it received an investment from Coinbase Ventures. The amount was not disclosed.

The onchain order-book platform is designed for trading and hedging interest rates and currently offers interest rate swaps. It plans to add foreign-exchange swaps and fixed-rate equity options.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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