[Decentralized Trading Platform Ostium Completes $20 Million Series A Funding Round] BlockBeats reports on December 3, according to Fortune, that the decentralized trading platform Ostium has completed a $20 million Series A funding round, led by venture capital firm General Catalyst and the crypto division of quantitative trading company Jump Trading. Participants in the round include Coinbase Ventures, Wintermute, and GSR. Sources revealed that this round of funding values Ostium at approximately $250 million. Ostium had previously raised a total of about $8 million. Ostium was founded in 2022 by co-founders and CEOs Kaledora Kiernan-Linn and Marco Antonio Ribeiro. Unlike protocols such as Hyperliquid, which focus on cryptocurrency perpetual contracts, Ostium primarily targets trading in tangible assets like metals and energy. The company plans to use the new funds to expand into non-crypto user markets outside the United States.