![Arjun Sethi’s crypto derivatives protocol Nibiru raises maiden funding at $100M valuation](https://i.comentr.com/14jeKIezIvN_Br_5xAzK6K-q6tw_tam.jpg)
Arjun Sethi’s crypto derivatives protocol Nibiru raises maiden funding at $100M valuation
https://techcrunch.com/2022/09/23/arjun-sethis-derivatives-protocol-nibiru-raises-maiden-funding-at-100m-valuation/
Nibiru, a new crypto derivatives protocol co-founded by Tribe Capital GP Arjun Sethi, has raised $7.5 million seed funding at a valuation of $100 million, two sources familiar with the matter told TechCrunch.
Tribe Capital, Republic Crypto and Kraken invested in the seed round, a source said, requesting anonymity as the information is not public.