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Marble Completes $11M Seed Round Led by Polychain

Nov 10, 22:59

November 10 — According to an official announcement, Marble, an institutional-grade trading and AI infrastructure financing platform, has completed an $11 million seed round led by Polychain Capital, with participation from Maven 11, Ripple, Susquehanna Crypto, Lattice, Blockwall, other venture capital and strategic investors, and angel investors in the AI sector.

The company's Marble Markets offers institutions digital asset, real-world asset, prediction market and compute trading services, and plans to launch products including digital asset spot, lending and derivatives trading, prediction market block trades, and compute OTC forward contracts. Marble Compute provides private credit financing to independent emerging cloud service providers (neoclouds) and GPU operators, covering both traditional structures and onchain credit.

Marble co-CEO Matt Ballensweig previously served as Global Head of Trading at BitGo, while the other co-CEO, Leon Marshall, previously served as CEO of Galaxy Digital's European business.