C3 provides a self-custodial cryptocurrency exchange that combines the security of decentralized finance with the speed and user experience of centralized platforms. Users retain control of their assets while benefiting from efficient trading and order execution.
Funding
$6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Centralized cryptocurrency exchanges, while offering efficient trading experiences, require users to relinquish control of their private keys, creating counterparty risks and potential vulnerabilities to hacks or regulatory actions. Decentralized exchanges (DEXs) offer self-custody but often suffer from slower performance, limited order types, and fragmented liquidity across different blockchains.
Solution
C3 aimed to provide a self-custodial cryptocurrency exchange that combined the security benefits of decentralized finance (DeFi) with the speed and user experience associated with centralized platforms. The platform allowed users to maintain complete control over their digital assets while still benefiting from efficient trading and order execution. By leveraging self-custody, C3 sought to eliminate the risks associated with entrusting funds to a third party, offering a more secure and transparent trading environment.
Target Audience
The intended users were cryptocurrency traders and investors seeking a secure, self-custodial trading environment without sacrificing the speed and functionality of centralized exchanges.
Features
- Self-custodial trading: Users retain control of their private keys throughout the trading process.
- Cross-chain compatibility: Facilitated trading across multiple blockchain networks.
- Efficient order execution: Designed for speed and performance comparable to centralized exchanges.