Thales raises $2.5M for binary options platform in Synthetix ecosystem

Cointelegraph

Published Jul 13, 2021 11:04PM ET

Updated Jul 14, 2021 12:40AM ET

A decentralized finance project providing binary options style trading has just completed a $2.5 million seed round.

Binary options are financial instruments that allow traders to speculate on the price movement of the underlying market or cryptocurrency. There are two possible outcomes which is why they are considered binary.

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