Decentralised crypto exchange (DEX) Brine Fi has raised $16.5 Mn in its Series A funding round, led by Pantera Capital, at a valuation of $100 Mn. The round also saw participation from Elevation Capital, Starkware, Spartan Group, Goodwater Capital, Upsparks Ventures, Protofund Ventures and other angel investors, Brine Fi said in a statement. “… with Brine Fi we make it easy for institutions, centralised exchanges, HFT traders and retail users to reduce their counterparty risk and at the same time get the best price for their orders in the industry,” said Brine Fi cofounder and CEO Shaaran Lakshminarayanan.