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Coinbase-Backed Crypto Perps Exchange Satori Finance Is Shutting Down

DE
Decrypt Editorial
(06:31 PM UTC)
1 min read
DK
Verified byDavid Kim
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In brief

  • Multi-chain perps exchange Satori Finance is closing its doors next month.
  • The firm raised $10 million from Coinbase Ventures, Jump Capital, and others in 2022.
  • Satori said the extended market downturn had a significant impact on its financial situation.

Satori Finance, a decentralized perpetual futures exchange backed by Coinbase Ventures and Jump Capital, is sunsetting its platform…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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