Senator Gillibrand's Son Launches APEC, Targets US-Regulated

Theodore Gillibrand — son of New York Senator Kirsten Gillibrand (D-NY) — has raised $30 million at an estimated $300 million valuation for a new perpetuals exchange called American Perpetuals Exchange Corporation (APEC), per a Fortune report and a June 4 SEC filing. Lux Capital led the round. APEC…