According to ChainCatcher, Vest Labs, a financial infrastructure company focused on real-time risk pricing, has completed a $5 million seed funding round. The round was led by financial and crypto investors including Jane Street, Amber Group, Selini Capital, QCP Capital, and Big Brain Holdings.

Vest aims to replace the traditional trust-based market model with a real-time, verifiable risk pricing system, thereby enhancing transparency and efficiency in financial markets. The company's universal risk engine can dynamically price risks across markets and financial products, helping to address inefficiencies in current financial markets and improve capital allocation and liquidity.

Vest also plans to launch a perpetual futures exchange using blockchain technology and zero-knowledge proofs to achieve fair pricing, ensure stable price execution, and increase market liquidity. The funding will be used to further refine the risk engine and expand its products to meet institutional investors' demand for innovative risk infrastructure.