Neutral Trade raises 2 million USD to bring its hedge fund strategy on-chain.

TapChiBitcoin
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Neutral Trade raised 2 million USD to build a platform that allows professional traders to share quantitative strategies (quant) directly on-chain. The project is backed by Ergonia (Cumberland Labs), Skyland Ventures, BlackPine, and angels from Drift, Enzyme Finance.

Born after the victory at the Colosseum Radar Hackathon in October 2024, the platform aims to democratize access to advanced strategies such as market making and arbitrage, which are typically reserved for institutional investors.

This investment reflects the trend of DeFi infrastructure returning to real value, in contrast to the wave of memecoin and high FDV tokens in 2024.

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