Ostium Labs secures US$20 million in Series A funding to scale its on-chain perpetuals platform.
Ostium Labs has raised US$20 million in a Series A round co-led by General Catalyst and Jump Crypto, bringing the company’s total funding to US$27.8 million.
The capital will support the expansion of Ostium’s perpetual swaps platform, which enables peer-to-peer, on-chain access to traditional markets including stocks, commodities, indices, and FX. The platform has already processed US$25 billion in cumulative trading volume, with US$5 billion in metals trading alone.
Founded by Kaledora and Marco, Ostium challenges legacy retail trading infrastructure by replacing broker-controlled systems with transparent, permissionless execution on blockchain rails.
Kaledora Kiernan-Linn, Co-Founder and CEO, said, “Our ambition is to disrupt the global CFD broker market with transparent execution and self-custody. This investment allows us to scale access to deep global markets while quoting directly from the underlying liquidity venues.”
Ostium’s architecture ensures traders retain control of their assets through segregated smart contracts. Quote-based pricing and instant settlement aim to deliver institutional-grade execution without recreating fragmented exchange layers on-chain.
Marc Bhargava, Managing Director at General Catalyst, said: “Ostium is building transparent, resilient infrastructure poised to disrupt the US$10 trillion monthly-volume CFD market.”
Jump Crypto’s Chief Investment Officer, Saurabh Sharma, added: “Ostium is expanding access to the largest and most liquid global markets by quoting directly from the liquidity that powers them off-chain.”
With the new funding, Ostium plans to broaden its asset coverage and scale its infrastructure for growing volumes.
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