Ostium Partners with Stork Network
Announcing our partnership with Stork Network to bring long-tail Real World Asset feeds onchain.
Gold has long been negatively correlated with real interest rates, with a correlation as high as -0.82. The traditional explanation for this phenomenon is that when real rates are positive, the opportunity cost to hold gold is high because it doesn’t pay any dividends or interest. Recent data, however, shows a break from this pattern...
We’re thrilled to announce that Ostium Labs has raised $3.5M from General Catalyst and LocalGlobe, with participation from Susquehanna International Group (SIG), DeFi Alliance, Balaji Srinivasan, Shiliang Tang (LedgerPrime), and nearly 20 additional founders, investors, and advisors.