Ubit Raises $20M In Funding

Ubit

Ubit, a Singapore-based Web3 smart market maker exchange company, raised $20M in funding.

Bakers were not disclosed.

The company intends to use the funds to further develop the platform, and further consolidate its position in the Web3 trading platform domain.

Ubit is committed to creating intelligent and social financial tools, such as crypto spot and futures trading, helping users find quality investment projects and follow efficient and stable trading strategies to achieve profitability through holding and trading cryptocurrencies. Based on social networking and community features, Ubit will become an autonomous crypto social platform providing users with market and project information, creating an open environment for crypto assets trading and management.

FinSMEs

08/04/2024