Variational Raises $50M Series A to Pipe TradFi Liquidity Into DeFi Derivatives!

Decentralized derivatives protocol Variational has closed a $50 million Series A led by Dragonfly Capital, with Bain Capital Crypto and Coinbase Ventures joining the round. The raise marks a significant step up from the $10.3 million seed Bain Capital Crypto led back in 2021, signalling sustained…