Sidepit, a fintech startup based in Berkeley, CA, has raised an undisclosed amount in Pre-Seed funding to fuel the development of its groundbreaking trading platform. This platform is centered around a patented Decentralized Limit Order Book (DLOB) technology that aims to bring transparency and fairness to both traditional and decentralized financial markets.
- Funding Secured: Sidepit has raised an undisclosed amount in Pre-Seed funding, which will accelerate the development of its innovative trading platform.
- Patented DLOB Technology: Sidepit’s Decentralized Limit Order Book (DLOB) eliminates hidden manipulation and offers a transparent trading infrastructure for both institutional and retail traders.
- Combatting Trading Manipulation: The DLOB prevents risks like flash crashes caused by high-frequency trading (HFT) bots in centralized exchanges and front-running (MEV) in blockchain exchanges.
- Founder’s Vision: Led by CEO and Founder Jay Berg, Sidepit is on a mission to create a fair, safe, and transparent trading environment, tackling issues that have long plagued both centralized and decentralized exchanges.
With its innovative DLOB technology and fresh Pre-Seed funding, Sidepit is set to transform the trading landscape, offering a secure and transparent platform for all traders.