PANews reported on August 28th that according to CoinDesk, crypto trading infrastructure startup aPriori has completed a new round of financing of $20 million, bringing the total capital raised to $30 million. Participants in this round include HashKey Capital, Pantera Capital, Primitive Ventures, IMC Trading, GEM, Gate Labs, Ambush Capital, and Big Brain Collective.

Founded by a group of former Jump Trading, Coinbase, and Citadel Securities engineers, APriori is applying high-frequency trading methods to DeFi to address issues such as excessive spreads and MEV leakage while redistributing MEV to stakers. The company has launched a liquidity staking platform and AI-powered DEX aggregator Swapr, and plans to use the new capital to expand its products and recruit more.