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A group of former Jump Trading, Coinbase (COIN) and Citadel Securities engineers said it raised $20 million in new funding for trading infrastructure startup aPriori, bringing the total capital raised to $30 million.

The round included participation from HashKey Capital, Pantera Capital, Primitive Ventures, IMC Trading, GEM, Gate Labs, Ambush Capital and Big Brain Collective, according to a release.

San Francisco-based aPriori is building what it calls an execution layer for on-chain markets, designed for high-performance Ethereum Virtual Machine (EVM) networks.

The firm uses high-frequency trading practices in an attempt to reduce issues that plague crypto markets like wide spreads and maximal extractable value (MEV) leakage.

Founder Ray Song said th

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