Derivatives Exchange American Perpetuals Exchange Raises $30 Million, Led by Lux Capital

PANews, June 19 — According to Fortune, citing two sources familiar with the matter, American Perpetuals Exchange, a derivatives exchange founded by Theodore Gillibrand, the son of crypto-friendly U.S. Senator Kirsten Gillibrand, has completed a $30 million funding round led by Lux Capital. The platform plans to apply for a license from the U.S. Commodity Futures Trading Commission to list perpetual contracts on stocks and stock indices, rather than crypto perpetual contracts. According to his LinkedIn profile, Theodore Gillibrand previously worked as a researcher at venture capital firm Paradigm and interned at Andreessen Horowitz.

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