The Singapore-based company, backed by the crypto investment firms Polychain and Dragonfly, said the upgrade could meet growing interest among retail traders in decentralized finance, or DeFi. The trend accelerated after the collapse of Sam Bankman-Fried’s FTX exchange and Three Arrows Capital added a “sense of urgency to the need for transparency and retail user protections,” SynFutures said in a press release.


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