[PRESS RELEASE – Miami, United States, August 2nd, 2024]
Today, DexToro is proud to announce a significant milestone — the transition to a full-blown blockchain protocol.
DexToro, founded by Nick Nechanicky in June 2023, has been on a mission to democratize access to financial opportunities. The DexToro exchange is known for offering perpetual futures trading across various assets, including cryptocurrencies, forex, and stocks.
Today, DexToro transitioned to a full-blown blockchain protocol. This transition means that anyone, regardless of location or background, can benefit from a comprehensive suite of products for permissionless derivatives trading. This transition is set to complete only a few months after their seed round closes.
A Comprehensive Decentralized Derivatives Protocol
The decentralized derivatives market has grown significantly in recent years, with an increasing number of traders seeking the benefits of decentralization, such as increased security, transparency, and accessibility. In fact, the crypto derivatives market alone is worth more than $2.95 trillion (as of March 2023).
According …