Marble launches with $11 million seed round led by Polychain Capital
Institutional capital markets startup Marble has launched after securing an $11 million seed round led by Polychain Capital to build institutional trading and compute credit financing platforms.
Marble, a new institutional capital markets firm, has launched following an $11 million seed funding round led by Polychain Capital, according to reporting by The Block. The financing also saw participation from Ripple, Maven 11, Susquehanna Crypto, Lattice, and Blockwall.[3][2][1]
The company was founded by former BitGo and Galaxy Digital executives Matt Ballensweig and Leon Marshall. Marble is building two dedicated divisions: Marble Markets, designed as an institutional trading platform spanning digital assets, real-world assets, prediction markets, and compute; and Marble Compute, which plans to arrange private credit financing for independent AI cloud providers and GPU operators using both traditional and onchain lending structures.[3]
Key facts
- Marble launched after raising an $11 million seed funding round led by Polychain Capital.
- Ripple, Maven 11, Susquehanna Crypto, Lattice, and Blockwall participated in the seed round.
- The firm was founded by former BitGo and Galaxy Digital executives Matt Ballensweig and Leon Marshall.
- Marble Markets is being developed as an institutional trading platform covering digital assets, real-world assets, prediction markets, and compute.
- Marble Compute is set to arrange private credit financing for independent AI cloud providers and GPU operators through traditional and onchain lending frameworks.
Sources · 3 sources
- TS
The SaaS News@TheSaaSNewsPost on X ·
Marble Raises $11M Seed #AIInfrastructure #CreditFinancingTools #InstitutionalTrading #CapitalMarkets #FinTech #SeedFunding #Marble https://t.co/slRuYHuBuM
Open source - CB
Crypto BriefingArticle ·
Marble secures $11M seed funding led by Polychain Capital Marble's funding highlights growing investor confidence in AI-driven financial infrastructure, potentially reshaping capital markets dynamics. The post Marble secures $11M seed funding led by Polychain Capital appeared first on Crypto Briefing .
Open source - TB
The Block@TheBlockCoPost on X ·
THE BLOCK: Marble, a new institutional capital markets firm founded by former BitGo and Galaxy Digital executives Matt Ballensweig and Leon Marshall, has launched with an $11 million seed round led by Polychain Capital, with participation from Ripple, Maven 11, Susquehanna Crypto, Lattice and Blockwall. The company is developing two businesses: Marble Markets, an institutional trading platform spanning digital assets, real-world assets, prediction markets and compute; and Marble Compute, which will arrange private credit financing for independent AI cloud providers and GPU operators through traditional and onchain lending structures.
Open source