Jamie Crawley is a CoinDesk news reporter based in London.
SynFutures, a perpetual futures decentralized exchange , has raised a $22 million Series B led by Pantera Capital, alongside fellow crypto industry investor heavyweights.
The substantial funding round may be a sign of better times for cryptocurrency projects looking to raise capital, with a bitcoin halving expected in early 2024 and a potential end to the U.S. Federal Reserve’s tightening cycle offering hope of a thawing in the crypto winter.
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