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Theodore Gillibrand Secures $30M for US Perpetual Futures Exchange

6/20/2026

Summary

Story summary

Theodore Gillibrand raised $30 million to launch the American Perpetuals Exchange Corporation, valued at $300 million.
Lux Capital led the venture-capital round that funded the startup, according to Fortune.
The exchange will list perpetual futures on U.S. equities and stock indexes and will exclude cryptocurrencies.
Theodore Gillibrand said the platform will provide a regulated American alternative to offshore markets, while Senator Kirsten Gillibrand said she has no involvement.

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Story summary

Theodore Gillibrand raised $30 million to launch the American Perpetuals Exchange Corporation, valued at $300 million.
Lux Capital led the venture-capital round that funded the startup, according to Fortune.
The exchange will list perpetual futures on U.S. equities and stock indexes and will exclude cryptocurrencies.
Theodore Gillibrand said the platform will provide a regulated American alternative to offshore markets, while Senator Kirsten Gillibrand said she has no involvement.