Membrane Labs Raises $20M to Build Mature Crypto Trading Infrastructure After FTX Fallout

Membrane Labs raised $20M in Series A funding from major investors like Brevan Howard and Point72 Ventures.

The funding will help build mature crypto trading infrastructure needed after issues at FTX and others.

Membrane started by building a clearing, netting and settlement engine to reduce risks.

They later added collateral management, loans, OTC trades and derivatives workflow tools.

The platform aims to increase transparency and offer flexibility like decentralized or centralized settlement.