EntropyIO Completes $14M Funding Round Led by Ribbit Capital

KuCoinFlash

Release Time: 08/25/2026 03:22:46

HYPE

$81.834.28%

Summary

EntropyIO has secured $14 million in funding led by Ribbit Capital, alongside a $40 million HYPE equity investment. The project has launched a liquidity-weighted oracle, enabling perpetual futures trading on assets such as Anthropic and pre-IPO startups. The first market is now live on Hyperliquid, offering traders exposure to emerging assets with competitive funding rates.

Odaily Planet Daily reports that EntropyIO has announced the completion of a $14 million funding round, led by Ribbit Capital, along with a $40 million equity investment in HYPE.

EntropyIO has built a new class of liquidity-weighted oracles, enabling trading of novel assets such as Anthropic, pre-IPO companies, and startups through perpetual futures, supporting markets with round-the-clock trading and deep liquidity. The first market is now live on Hyperliquid.

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