D2X, a Netherlands-based crypto derivatives exchange, has secured $10 million in a Series A funding round led by Point72 Ventures, along with GSR Markets and other investors. The funding will enable D2X to attract liquidity, develop new features, and expand its business primarily in the EU. The exchange has become the first entity in Europe to obtain a MiFID MTF license, issued by the Dutch Authority for Financial Markets, allowing it to operate a regulated trading venue for cash-settled crypto futures and options. D2X has also formed a strategic partnership with a top-tier EU credit institution, details of which remain confidential. The funding and regulatory approval have been met with enthusiasm from Frederic Colette, the incoming CEO of D2X, who intends to establish a new standard of reliability within the digital assets sphere. Point72 Ventures specializes in early-stage technology investments across diverse sectors, including fintech, artificial intelligence, cybersecurity, digital health, and crypto.

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