Lumina DEX Closes Strategic Funding Round

Lumina DEX

Lumina DEX, a San Francisco, CA-based provider of an enterprise-ready DEX and DeFi platform built on the Mina blockchain, raised an undisclosed amount in strategic funding.

Backers included Mina Foundation, Jump Crypto, Big Brain Holdings, and O(1) Labs.

The company intends to use the funds to to build a hybrid permissioned and permissionless DEX on Mina Protocol with integrated KYC.

Led by CEO Evan Kereiakes, Lumina is an enterprise-ready DEX and DeFi platform built on Mina Protocol that solves the challenges faced by traditional decentralized exchanges by creating permissioned liquidity pools with zkKYC to enable compliance and zkSNARKs for privacy. It maintains user data privacy while working alongside KYC and AML partners. With Lumina, enterprise and retail users can exchange a variety of assets in a fair and transparent environment.

FinSMEs

23/08/2023