Odaily Planet Daily reports: Marble, founded by former BitGo and Galaxy Digital executives Matt Ballensweig and Leon Marshall, has announced its launch and completed a $11 million seed round led by Polychain Capital, with participation from Maven 11, Ripple, Susquehanna Crypto, Lattice, Blockwall, and several angel investors in the AI sector. Marble operates two business lines: Marble Compute provides a private credit channel for AI infrastructure developers, connecting institutional lenders with emerging cloud service providers and GPU operators; Marble Markets aims to build an institutional trading platform covering digital assets, real-world assets, prediction markets, and computing power. Matt Ballensweig and Leon Marshall serve as Co-CEOs; Ballensweig previously served as Global Head of Trading at BitGo, and Marshall previously served as CEO of Europe at Galaxy Digital.
Marble Completes $11M Seed Round Led by Polychain Capital
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Marble, co-founded by former BitGo and Galaxy Digital executives Matt Ballensweig and Leon Marshall, has closed an $11 million seed round led by Polychain Capital. Funding for the round was strong, with participation from Maven 11, Ripple, Susquehanna Crypto, Lattice, Blockwall, and AI sector angels. Marble operates two lines: Marble Compute, which connects lenders with cloud and GPU providers, and Marble Markets, an institutional trading platform for digital assets, real-world assets, prediction markets, and computing power. This development comes amid shifting market sentiment, as reflected by mixed institutional interest in the Fear & Greed Index.
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