Bracket Labs completed a $2 million pre-seed fundraise round to support the launch of 'Passage,' a volatility trading product available on the project's BracketX trading platform. The debut of the range-bound product makes trading long and short volatility entirely on-chain easy for traders of all levels.

In June 2023, Bracket Labs completed Binance Labs' Season 5 Incubation Program and received investment from Binance Labs. In addition to completing the Incubation Program, Bracket Labs completed its pre-seed investment round from other notable crypto funds such as NGC Ventures, Cypher Capital, 0x Capital, PHD Capital, FJ Labs, SCC Investments, K300 Ventures, Scope Research, W3Coin Ventures, Titan Equity Group and Bitfund DAO.

Bracket Labs' mission is to democratize financial products and introduce on-chain innovations in volatility trading. Domiciled in Panama, the team has deep crypto and traditional finance backgrounds and senior leadership experience at D.E Shaw, Merrill Lynch, Barclays, Bloomberg, Consensys, DeerCreek, and more.