Rates Exchange, an on-chain interest rate trading and hedging exchange, has received investment from Coinbase Ventures.

PANews October 31 news, according to official information, on-chain interest rate trading and hedging exchange Rates Exchange announced that it has received an investment from Coinbase Ventures, with the amount undisclosed.

According to the introduction, Rates Exchange is an on-chain order book trading platform for trading and hedging interest rates. The platform currently offers interest rate swaps and plans to launch calculation swaps, foreign exchange swaps, and fixed-rate equity options.