Marble completes $11 million seed round funding, led by Polychain Capital

November 10 - Marble today announced its official launch and the completion of a $11 million seed round of financing. The round was led by Polychain Capital, with participation from venture capital firms and strategic investors including Maven 11, Ripple, Susquehanna Crypto, Lattice, and Blockwall, as well as several individual investors focused on the AI sector.

Through its two major businesses, Marble provides capital and liquidity to frontier markets globally. Among them, Marble Compute is dedicated to building an institutional-grade private credit system for AI infrastructure, connecting institutional lenders with new cloud service providers (Neoclouds) and GPU operators that are driving AI infrastructure development; Marble Markets is building an institutional-facing trading platform covering digital assets, real-world assets (RWA), prediction markets, and compute markets.

Marble was co-founded by Matt Ballensweig and Leon Marshall, who serve as co-CEOs. Ballensweig previously served as Global Head of Trading at BitGo, where he built and led its institutional trading business, and previously co-led Genesis's trading and lending business. Marshall previously served as CEO of Galaxy Digital's European business, and also held positions at Genesis, Apollo, and Trafigura. Marble stated that it will continue to expand its team in the coming months, with plans to bring in senior talent from leading trading firms, trading platforms, and AI infrastructure companies.