**["TradFi Native" Contract DEX Project QFEX Completes $9.5 Million Seed Round Financing, Led by General Catalyst]** BlockBeats news, March 5, the on-chain contract trading platform QFEX has completed a $9.5 million seed round financing, led by General Catalyst. Other participants include Y Combinator, Paul Graham, Nexus Venture Partners, Moonfire VC, Goodwater Capital, Liquid 2 Ventures, 468 Capital, Ritual VC, and several renowned institutions and angel investors. According to the official statement, QFEX positions itself as the first "TradFi Native" perpetual contract trading platform, offering high-leverage trading (up to 50x leverage) for traditional assets (RWA) such as U.S. stocks, indices, commodities, and forex, available 24/7. The platform's goal is to enable retail investors to compete on equal footing with institutions and high-frequency trading firms. The team consists of members from top trading institutions such as Citadel, Jump Trading, Optiver, Jane Street, Tower Research Capital, and Flow Traders, with extensive backgrounds in traditional finance and high-frequency trading.