Foresight News reports that the decentralized perpetual contract trading protocol Hibachi plans to launch a stablecoin settlement forex trading platform on Arc. The platform will default to real-time settlement, featuring tight bid-ask spreads, deep liquidity, and matching speed and system availability to meet traders’ needs. Hibachi stated that it has received support from Arc Builders Fund, a subsidiary of Circle Ventures.
Foresight News previously reported that Hibachi completed a $5 million seed round in March last year, with participation from Dragonfly, Electric Capital, echo, and others.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tether Launches BitNet LoRA Framework Across Platforms
Tether's QVAC Fabric introduces the BitNet LoRA framework, enabling AI model training on consumer devices with reduced VRAM needs and improved performance. Users can fine-tune large models on smartphones, making AI development more accessible and efficient.
CryptoFrontNews40m ago
Ripple-Linked Evernorth Files S-4 to Launch XRP Treasury Firm
Evernorth Holdings filed for a Nasdaq listing via SPAC, targeting over $1B in proceeds. With hundreds of millions of XRP, it plans active management strategies and benefits from recent regulatory clarity classifying XRP as a digital commodity.
CryptoFrontNews44m ago
XRP Treasury Firm Evernorth Files to Go Public on Nasdaq
_Evernorth files SEC Form S-4 to go public on Nasdaq via SPAC merger, plans XRP treasury strategy, yield program, and blockchain validator support._
XRP treasury company Evernorth filed papers to go public in the United States. The company filed a Form S-4 with the US Securities and Exchange
LiveBTCNews2h ago
Ondo Finance Issues Tokenized Securities in IBIT and GLXY
The essay discusses the recent entry of large companies and ETFs into the tokenized securities market, highlighting growth driven by regulatory support and increasing institutional demand, with Ondo Global Markets managing over 250 tokenized instruments valued at nearly $2.6 billion.
CryptoBreaking3h ago
Tether CEO Seeks User Input to Optimize Wallet Small Balance Display Method
Gate News reported that on March 20, Tether Chief Executive Officer Paolo Ardoino posted on X, stating that the team is optimizing the wallet user interface and inviting users to vote on the display format for small balances. For ultra-small balances below one cent, users can choose to display fractions precise to the cent, or select a more streamlined alternative display format. Paolo Ardoino encouraged users to participate in feedback to help the team decide on the final display effect.
GateNews5h ago
Dan Romero Clarifies Five Misconceptions About MPP, Protocol Submitted to IETF Web Standards Proposal
Farcaster co-founder Dan Romero clarified five misconceptions about MPS, emphasizing its broad applicability, support for multiple cryptocurrencies and fiat currencies, and expansion to Bitcoin Lightning Network. MPS itself has no inherent fees, features simple design and can serve as a web standard, supports multiple payment modes, and ensures secure separation of communication and payment rails.
GateNews5h ago