Derivatives Exchange American Perpetuals Exchange Raises $30 Million, Led by Lux Capital

CoinFeed June 19 news, according to Fortune, two sources revealed that American Perpetuals Exchange, a derivatives exchange founded by Theodore Gillibrand, son of crypto-friendly U.S. Senator Kirsten Gillibrand, has completed a $30 million funding round led by Lux Capital. The platform plans to apply for a license from the U.S. Commodity Futures Trading Commission to list perpetual contracts for stocks and stock indices, rather than crypto perpetual contracts. According to his LinkedIn profile, Theodore Gillibrand previously worked as a researcher at venture capital firm Paradigm and interned at Andreessen Horowitz.