Global Token Exchange (GTE) is a non-custodial trading venue that aims to match CEX-level execution speed and become the "internet exchange." Its infrastructure is built on top of LayerZero's Zero blockchain, offering sub-millisecond transaction latency for spot, perps, and precision markets.
According to TheBlock media, the project raised $6.942M in a seed round. The investors named include Maven 11, Wintermute, Flow Traders, Robot Ventures, IMC Trading, Guy Young of Ethena, Max Resnick of Anza, and undisclosed traders from Jump Trading. The outlet didn't specify which round each of them participated in.