PANews reported on October 24 that Shuttle Labs, a self-custodial digital trading company, announced that it has completed a $6 million seed round of financing, with participation from Anthony Scaramucci, CMCC Global, SALT Fund, Flow Traders and several former FTX employees. Shuttle Labs also announced the launch of the beta version of the self-custodial digital trading platform Genius, which aims to solve a series of problems that led to FTX's bankruptcy, such as security, user control and decentralization, and explore the use of the self-custodial model to eliminate the risks of third-party custody and ensure that users always hold their own private keys.