Uxuy Raises $3.2M in Seed Funding

Uxuy

Uxuy, a Singapore-based provider of a decentralized trading platform, raised $3.2M in Seed funding.

Backers included Bixin Ventures, WaterDrip Capital, KuCoin Ventures, Pionex, LK Ventures, Arcane Group, Daoverse Capital, and Lapin Digital.

The company intends to use the funds to build its decentralized trading platform.

Uxuy is a provider of a Multi Party Computation-based decentralized trading platform. Through the mnemonic-free and gas-free solutions, the company works for users to get started and conduct cross-chain transactions. It plans to create a stablecoin liquidity pool to provide users with a “stablecoin-centric” trading environment. Uxuy supports public chains, leverages the “wallet + transaction” and proactively participates in the building of the “Unclaimed” ecosystem.

FinSMEs

17/04/2023