Theodore Gillibrand’s venture raises $30 million
The American Perpetuals Exchange Corp, a fintech startup founded by Senator Kirsten Gillibrand’s son, has secured funding from over 30 investors.
The majority of investors contributed $5,000 to $10,000 each.
The company aims to become a trading exchange offering perpetual futures and plans to apply for a Designated Contract Market license.
The startup has raised $30 million at a valuation of $300 million, with venture firm Lux Capital leading the fundraise.