Ekiden Raises $2M Seed

Ekiden, a Lisbon-based startup building blockchain-based trading infrastructure for professional and institutional users, has closed a $2 million Seed round.

Investors

The round included participation from GSR, Flowdesk, Pyth, Aptos, Monolith, Hardcore Labs, Moonhill Capital, Curiosity Capital, and Keyrock, alongside various angel investors including co-founders and CEOs from Avail, Aptos Labs, Cube, Chorus One, Trading Strategy AI, and Node Guardians.

Ekiden Use of Funds

Ekiden plans to use the capital for audits, product development, team expansion, and strategic partnerships aimed at scaling liquidity.

About Ekiden

Founded in 2025 by Vitali Dervoed, Ekiden is developing a decentralized derivatives trading platform designed for high-frequency and algorithmic trading. The company aims to make blockchain-based derivatives more usable for serious market participants by combining faster trade execution with on-chain settlement.

Funding Details

Company Website: https://ekiden.fi

Company: Ekiden
Raised: $2.0M
Round: Seed
Funding Date: May 4, 2026
Additional Investors: GSR, Flowdesk, Pyth, Aptos, Monolith, Hardcore Labs, Moonhill Capital, Curiosity Capital, Keyrock, Avail, Aptos Labs, Cube, Chorus One, Trading Strategy AI, Node Guardians
Software Category: Fintech
Source: https://www.eu-startups.com/2026/05/ekiden-raises-e1-7-million-at-e17-million-valuation-for-blockchain-based-trading-platform-out-of-portugal/