Marble Closes $11 Million Seed Round Led by Polychain

TechFlow news, November 10, according to PR Newswire, Marble, founded by former BitGo and Galaxy Digital executives Matt Ballensweig and Leon Marshall, announced its launch and closed an $11 million seed round led by Polychain Capital, with participation from institutions including Maven 11, Ripple, Susquehanna Crypto, Lattice, and Blockwall, as well as select angel investors in the AI sector. Marble operates through two businesses. Marble Compute builds institutional private credit channels for AI infrastructure, connecting institutional lenders with neoclouds and GPU operators; Marble Markets builds an institutional trading platform covering digital assets, real-world assets, prediction markets, and compute. The two founders serve as co-CEOs: Ballensweig previously served as Head of Global Trading at BitGo, and Marshall previously served as CEO of Galaxy Digital's European business.

Source: TechFlow