Rails launches perps-only crypto exchange in the U.S. with $14 million in new funding to build a better FTX

fortune.com/crypto/2025/06/04/rails-crypto-perps-exchange-slow-ventures-kraken-ftx-bitcoin

A new type of crypto exchange called Rails is launching in the U.S. this week. Backed by $20 million in funding, including $14 million in new token warrants, Rails wants to stand out in a crowded field by offering U.S. traders a popular but hard-to-access type of asset: perpetual…

This story appeared on fortune.com, 2025-06-04 13:00:00.
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