{"id":30187,"date":"2025-06-04T13:17:19","date_gmt":"2025-06-04T13:17:19","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=30187"},"modified":"2025-06-04T13:17:19","modified_gmt":"2025-06-04T13:17:19","slug":"rails-raises-14m-from-backers-including-kraken-to-launch-crypto-exchange","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=30187","title":{"rendered":"Rails Raises $14M From Backers Including Kraken to Launch Crypto Exchange"},"content":{"rendered":"<div>\n<p>Crypto exchange Rails has raised $14 million in a token sale to launch its trading platform combining self-custody and high-speed execution, the company said in a press release Wednesday.<\/p>\n<p>The company raised $14 million in a token sale to investors in April this year, and $6 million in a seed round that closed in January 2024, the firm said.<\/p>\n<p>Investors include Kraken, Slow Ventures, CMCC Global, Quantstamp and Round13 Capital, the company said.<\/p>\n<p>Rails said it is designed to solve crypto\u2019s core trade-off: speed versus security. <\/p>\n<p>The platform enables users to retain custody of their assets while accessing performance traditionally reserved for centralized exchanges, Rails said.<\/p>\n<p>\u201cOur hybrid model delivers the best of both worlds,\u201d co-founder and CEO Satraj Bambra, said in the release. \u201cUsers get the transparency of on-chain custody without giving up speed.&#8221;<\/p>\n<p>Rails will support trading for major crypto assets, the company said, and will leverage zero-knowledge proofs and Merkle trees to validate trades securely. <\/p>\n<p>The platform will deploy exclusively on Kraken\u2019s layer-2 network, Ink, to boost transaction speed and reduce costs, the company said.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/policy\/2025\/04\/23\/crypto-fundraising-positive-but-slower-than-anticipated-under-trump-administration\"><span style=\"text-decoration:underline\">Crypto Fundraising Is Positive, But Slower Than Expected Under Trump Administration<\/span><\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto exchange Rails has raised $14 million in a token sale to launch its trading platform combining self-custody and high-speed execution, the company said in a press release Wednesday. The company raised $14 million in a token sale to investors in April this year, and $6 million in a seed round that closed in January [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-30187","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30187"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30187\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}