Foresight News reports that the decentralized perpetual contract trading protocol Hibachi plans to launch a stablecoin settlement forex trading platform on Arc. The platform will default to real-time settlement, featuring tight bid-ask spreads, deep liquidity, and matching speed and system availability to meet traders’ needs. Hibachi stated that it has received support from Arc Builders Fund, a subsidiary of Circle Ventures.
Foresight News previously reported that Hibachi completed a $5 million seed round in March last year, with participation from Dragonfly, Electric Capital, echo, and others.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
IoTeX Foundation Opens Cross-Chain Bridge Security Incident Compensation Claim Channel
Gate News reported that on March 23, the IoTeX Foundation announced the official launch of a cross-chain bridge security incident compensation claims channel. According to previous reports, analysts noted that IoTeX private keys were suspected to have been compromised, with asset losses of approximately 4.3 million dollars; the IoTeX official statement indicated that on-chain attack losses were approximately 2 million dollars.
GateNews23m ago
Meta's Metaverse failure, Solana's president dismisses GameFi—are blockchain games really gone for good?
Solana Foundation President Lily Liu stated that blockchain gaming is difficult to recover and bluntly said it "won't come back," reflecting shaken market confidence. Despite once attracting massive investment, the gaming model lacks sustainability and content, causing the market to shrink to $1.212 billion. Developers are shifting focus to emphasize gaming essence, viewing blockchain as an auxiliary technology rather than a core selling point.
CryptoCity28m ago
Swiss Private Bank Banque Syz Experiences Family Split Over Bitcoin Strategy Rift, Founder's Son Resigns
Swiss private bank Banque Syz SA in Geneva has erupted into a generational family split due to major disagreements between founder Eric Syz and his son Marc Syz over cryptocurrency strategy. Marc has departed along with business partner Richard Byworth, planning to advance a dual listing for bitcoin treasury company Future Holdings AG.
GateNews38m ago
XRP Open Interest Drops 75%, But Stablecoin Fragmentation Intensifies XRP Bridge Demand
XRP open interest declined approximately 75%, indicating that leveraged traders are exiting the market, but stablecoin fragmentation may increase bridge demand for XRP. Evernorth Holdings' IPO application demonstrates that institutions still view XRP's long-term value positively. The overall market faces macroeconomic pressure, with weak short-term momentum structure.
MarketWhisper2h ago
Pi Network Price Surge Outpaces Market, Protocol 20 Upgrade Boosts Market Confidence
Pi Network's recent price has risen to $0.198, outperforming the broader crypto market, primarily driven by capital rotation and the launch of a new token platform developed through Protocol 20 upgrades. Analysts point out that PI's gains reflect fundamental improvements rather than passive market influences. Going forward, PI's price movement will be affected by altcoin season indices and market sentiment, with $0.20 serving as resistance and $0.19 as support.
MarketWhisper3h ago
Gauntlet is discussing solutions with Resolv, platform treasury unaffected by USR abnormal issuance
Gauntlet is discussing solutions with Resolv and is formulating a compensation plan. The Gauntlet USD Alpha platform and liquidity providers are unaffected by the USR issuance event, with most vaults remaining stable, and only a few high-yield vaults experiencing limited impact.
GateNews4h ago
