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BTCC / BTCC Square / CoindeskEN /
Rails Secures $14M War Chest—Kraken-Backed Crypto Exchange Enters the Arena

Rails Secures $14M War Chest—Kraken-Backed Crypto Exchange Enters the Arena

Author:
CoindeskEN
Published:
2025-06-04 13:00:00
20
2

Rails Raises $14M From Backers Including Kraken to Launch Crypto Exchange

Another day, another crypto exchange—but this one's got heavyweight backing. Rails just pocketed $14 million from investors including Kraken, proving there's still VC appetite for yet another trading platform (because what the space really needed was more liquidity fragmentation).

The play? To launch a slick new exchange in an already overcrowded market. Because nothing says 'innovation' like replicating Binance's 2017 playbook with 2025 funding.

Watch out for the usual promises: 'institutional-grade security,' 'blazing-fast execution,' and—our personal favorite—'user-centric design.' At least until the next hack, outage, or regulatory crackdown.

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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