Singapore, Singapore, July 20th, 2023, Chainwire
OpenEx Closed Funding Round to build an industry-unique hybrid exchange model that integrates centralization and decentralization, aiming to be the Hybrid,CEX+DEX, where certified partners can act as their own liquidity provider.
OpenEx today announced it has its Pre-A close for a valuation of 50 Million USD. The round includes prominent names in the Web3 space, including C² Ventures, Agallochum Capital, TKX Capital, and many other Web3 industry leaders. The new funding will be used to better the trading experience on the products.
The downfall of FTX reveals the chronic illness of the industry: many crypto exchanges enter the market to trade and form opposite trades with users leading to the exchange being exposed to huge price risks, rampant insider trading, and imperfect risk controls leading to user security issues such as capital safety.
By allowing certified partners to own their decentralized trading pool, autonomy and membersh
We współpracy z: https://cryptodaily.co.uk/2023/07/openex-closes-funding-round