Amber Group, Fasanara Digital, and Paper Ventures join Flying Tulip’s previously disclosed institutional backers
Flying Tulip, a full‑stack onchain exchange, today announced additional institutional participation from Amber Group, Fasanara Digital, and Paper Ventures.
These new participants join Flying Tulip’s previously disclosed cohort of institutional backers, including CoinFund, Lemniscap, FalconX, Nascent, Selini, Susquehanna Crypto, and others. For the prior funding announcement and a full list of participants, see: https://blog.flyingtulip.com/flying-tulip-raises-200m/
“This reflects continued institutional interest in verifiable onchain market structure where risk, reserves, and incentives are observable rather than assumed,” said Andre Cronje, founder of Flying Tulip.
Flying Tulip is building an onchain financial marketplace that unifies spot trading, derivatives, credit, a native stablecoin (ftUSD), and onchain insurance within a single cross‑margin system designed for capital efficiency and transparent risk management.
Onchain redemption right (“Perpetual PUT”)
A core feature of Flying Tulip’s Capital Allocation is an onchain redemption right (“Perpetual PUT”) issued to primary-sale participants.
In plain terms: eligible participants can burn $FT and redeem up to their original principal, in the same asset contributed, subject to onchain reserves and protocol parameters. Redemptions are programmatically settled from a segregated onchain reserve seeded from contributed capital. This design is intended to provide downside protection while preserving upside exposure.
Learn more: https://docs.flyingtulip.com/capital-allocation/
Built for transparent risk management
Flying Tulip’s approach emphasizes auditable controls and clear system constraints:
- Onchain settlement for redemption and position management
- Segregated redemption reserve for primary-sale participants
- Safety rails designed to limit abnormal outflows, including a Circuit Breaker rate‑limit mechanism
Circuit Breaker docs: https://docs.flyingtulip.com/risks/circuit-breaker/
About Flying Tulip
Flying Tulip is an onchain financial marketplace that unifies spot, derivatives, credit, and risk transfer in a capital‑efficient, cross‑margin system. The platform is built for transparent risk management and long‑term sustainability. Learn more at https://flyingtulip.com
