QFEX just announced the completion of a $9.5M seed round, with a valuation of $95M! Led by General Catalyst, with participation from Paul Graham, Y Combinator, and top-tier firms like Nexus and Moonfire following suit. This is the first exchange to truly bring the 'perpetual contract' mechanism to TradFi: 24/7 trading for US stocks, indices, commodities, and forex, up to 50x leverage, no brokers, no expiry dates, delivering a direct CEX-level experience. The team is stacked with talent from Citadel, Jump, Jane Street, and Tower Research, with a strong high-frequency quant background. Looks like Hype and @Lighter_xyz were spot on with their direction—institutions are seriously going all in on this narrative Who’s already on the waitlist? Tag your referral below!