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The 10 Hottest Cryptocurrency Startups Of 2018

The top 10 cryptocurrency startups this year include companies solving challenges around accessing short and leveraged tokens, hosting cryptocurrency reference material, and offering a trading platform for digital assets.

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Founder: Antonio Juliano

dYdX was founded in September 2017 to enable open, efficient and secure financial products on cryptoassets. The San Francisco-based company recently launched its Margin Trading Protocol, and expo, an application that gives users access to short and leveraged tokens.

The company in October completed a $10 million Series A funding round led by a16z crypto and Polychain Capital to help make derivatives and margin trading a core component of the emerging decentralized financial system.

dYdX plans to use the capital to continue adding new assets and features to expo and the Margin Trading Protocol, as well as build new protocols for additional financial products including options. The company also plans to work with partners to grow decentralized margin trading and derivatives, as well as design a regulation-compliant approach towards building decentralized financial products.

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