Decentralized exchange Global Token Exchange (GTE) has completed a $15 million Series A funding round, led exclusively by Paradigm. GTE, which brands itself as the world's fastest decentralized exchange, aims to rival centralized platforms like Binance and Coinbase by utilizing a central limit order book (CLOB) to minimize order matching delays while maintaining decentralization and non-custodial features. The platform, built on the EVM-compatible MegaETH chain, launched its test network earlier this year, attracting 700,000 users. Paradigm's investment reflects confidence in GTE's potential to compete with centralized exchanges and AMM protocols.
GTE Secures $15 Million Series A Funding Led by Paradigm
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