dYdX Foundation Requests $30M Budget, Pledges to Issue Annual Spending Report

New York Stock Exchange with banner flagging ProShares Bitcoin Strategy ETF on the day it started trading.

Switzerland-based dYdX Foundation provides legal, R&D, marketing and technical support to the crypto trading project, which includes a perpetual futures contract exchange and specialty blockchain in the Cosmos and Ethereum ecosystems. The Foundation’s goal is to grow dYdX into “the exchange layer of the internet,” according to its pitch.

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