X10, a new crypto exchange founded by ex-Revolut employees, has raised $6.5 million in its debut funding round, emerging from stealth mode to offer a hybrid model between centralized and decentralized systems. Led by Tioga Capital, with backing from Semantic Ventures, Cherry Ventures, Starkware, and Cyber Fund, X10 aims to fill the gap once occupied by FTX. Its founders—Ruslan Fakhrutdinov, Dmitrii Krasovskikh, and Stefano Franz—bring their expertise from Revolut's crypto division to create a platform tailored for professional traders. With this infusion of capital and experience, X10 seeks to disrupt the crypto exchange landscape with its innovative approach.