Variational raises $50M led by Dragonfly to route TradFi liquidity into Arbitrum RWA perps

Variational raised a $50M Series A led by Dragonfly, with Bain Capital Crypto and Coinbase Ventures also in, to scale Omni, its Arbitrum-based perps app. The interesting bit is the model: Omni wants to feel more like Robinhood than Hyperliquid, with zero-fee retail trading routed through crypto venues and TradFi dealers instead of cold-starting its own order books. Phase 1 of its RWA rollout puts gold, silver, copper and oil into one cross-margined account, with 100+ TradFi markets planned this summer as the app moves beyond invite-only access.

TLDR by @Benthic

More coverage

• Variational Series A Raises $50M for TradFi On-Chain | Our Crypto ... (ourcryptotalk.com)
• Variational Raises $50M To Bring TradFi Liquidity Onchain (tokenmetrics.com)
• Variational Predicts RWA Perpetuals Will Soon Be the Biggest ... (ground.news)
• Variational raises $50 million - and the architecture question ... (ainvest.com)
• Variational raises $50M in a Series A Round led by Dragonfly $50M ... (x.com)

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