Rails, a crypto company headquartered in Miami, launched its hybrid trading platform in the United States following a $14 million token sale, according to reporting by BetaKit. The exchange platform lets users retain custody of their assets while providing them with performance usually exclusive to centralized exchanges.
The company works to address a common challenge crypto exchanges face: balancing performance with security. While centralized platforms can offer expedient, high-frequency and large-scale trading, they often compromise security by requiring users to surrender control of their digital assets, according to the BetaKit article.
The Rails platform prioritizes self-custody, transparency and security. The latest capital round, which closed in April, will enable the company to increase its platform liquidity, expand its team and launch more products in 2025.
