#satori finance Tech News.
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Satori Finance, a crypto perpetuals exchange backed by Coinbase, is shutting down. The exchange will cease operations, marking the end of the platform that offered leveraged crypto trading. Users must close positions and withdraw funds before the shutdown is complete.
Polychain and Coinbase-backed decentralized exchange Satori Finance is winding down operations. The project cited unfavorable market conditions as the reason for the shutdown. Satori Finance had raised funding from prominent crypto investors Polychain Capital and Coinbase Ventures.
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