Variational Raises $50 Million for On-Chain Derivatives Protocol

On-chain derivatives trading protocol Variational has raised $50 million in new funding. The company said its Series A round, announced Wednesday (March 20), coincides with the launch of the protocol’s first real-world asset (RWA) markets. “This initial rollout allows traders to access perpetuals on select commodities alongside their crypto portfolio, laying the groundwork for Variational to route liquidity directly from traditional markets in the coming months,” the company said in a news relea