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Variational

George Town, Cayman Islands

series-a$50M raisedFintechCrypto & Web3decentralized finance

Total Raised

$50M

Stage

series-a

Location

George Town, Cayman Islands

Founded

2020

Team size

11-50

Links

About Variational

Blockchain platform bringing liquidity from traditional markets to blockchain rails

What sets it apart

It uses a zero-fee RFQ-based liquidity aggregation model to route derivatives liquidity from both traditional and crypto markets into on-chain trading.

Sectors

FintechCrypto & Web3decentralized financemarket infrastructure

Business

Modeltransactional

CustomerCrypto traders, institutional traders, and developers building derivatives applications

Notable

  • Processed over $200B in trading volume
  • Raised approximately $50M in Series A funding
  • Launched initial real-world asset markets
  • Backed by Dragonfly, Bain Capital Crypto, and Coinbase Ventures

Funding rounds

20 May 2026

Source ↗

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FAQ

What does Variational do?

Blockchain platform bringing liquidity from traditional markets to blockchain rails

Where is Variational based?

Variational is based in George Town, Cayman Islands, founded in 2020.

How much has Variational raised?

Variational has raised $50M in tracked funding and is currently at the series-a stage.

Who has invested in Variational?

Investors in Variational include Dragonfly, Bain Capital Crypto and Coinbase Ventures.