Former Grindr exec and a married couple launch Rails with $6.2M round, for its decentralized FTX alternative


This post is by Jacquelyn Melinek from TechCrunch


Rails, a decentralized crypto exchange, has raised $6.2 million in attempts to fill the void FTX left behind after crashing in 2022, the startup’s co-founder and CEO Satraj Bambra exclusively told TechCrunch. It is currently in the early stages of launching an offshore service in select crypto-friendly countries, which does not include the US. The […] © 2024 TechCrunch. All rights reserved. For personal use only.