London-based X10 raises $6.5M to expand hybrid crypto exchange operations

London-based hybrid crypto exchange company X10 has raised $6.5m in funding from investors including Tioga Capital, Semantic Ventures, Cherry Ventures, Starkware, and Cyber fund, as well as executives from Revolut and the founder of Lido, Konstantin Lomashuk. The funds will be used to expand operations and development efforts. X10 offers a hybrid model that combines the centralized exchange experience with the benefits of DeFi, including on-chain trade settlement, validation, and self-custody. The exchange also provides a customizable web interface, advanced market and portfolio analytics, and premier on- and off-ramping options provided through trusted global partners.

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