The 22-year-old son of Democratic New York Sen. Kirsten Gillibrand raised $30 million in investments to launch a derivatives exchange startup already valued at $300 million, according to a report. Gillibrand is one of the top pro-crypto U.S. Senators in Washington, D.C., influencing cryptocurrency and digital asset policy. She previously partnered with Republican Wyoming Sen. Cynthia Lummis on “landmark legislation” to create a rules framework for stablecoins. Now her son, Theodore, is starting the American Perpetuals Exchange Corporation, or APEC, which will offer perpetual futures contracts that allow traders to wager on the future price of assets without owning them,...