Flying Tulip, a new on-chain financial marketplace led by Andre Cronje, has secured $200 million in a private funding round and announced an upcoming public sale of its $FT token at the same valuation. This new initiative aims to deliver a unified market structure for digital assets, combining a native stablecoin, spot and derivatives trading, lending, and on-chain insurance in a cross-margin system designed for capital efficiency, all-in-one financial features on-chain. The funding round saw participati ...

RT Andre Cronje (@AndreCronjeTech)Flying Tulip is now raising capital. If you are a USA based fund interested in investing, reach out to venture@flyingtulip.comFlying Tulip is a high-performance full featured exchange, built entirely on-chain, with liquidity powered by a synthetic delta-neutral liquidity pool backed by staking yield.Purpose of funds:- Funds will be deployed in a combination of Flying Tulip yield strategies- Only yield will be used to fund bootstrapping, marketing expansion, incentivizing la ...