Blockchain trading platform Ekiden has raised $2 million in seed funding, with participation from Unicorn Factory Ventures and others.

CoinFeed reported on May 4th that blockchain trading platform Ekiden announced the completion of a $2 million seed funding round, valuing the company at $20 million. The round was led by Unicorn Factory Ventures and P2 Ventures, and also attracted participation from angel investors who have previously invested in projects such as GSR, Pyth, Aptos, LayerZero, and Cube Exchange. Ekiden aims to bring institutional-grade trading on-chain, providing efficient and secure trading solutions through blockchain technology.