Singapore-based Uxuy raises $7M in Pre-A funding for decentralized multi-chain trading platform.
Singapore-based decentralized multi-chain trading platform, Uxuy, has secured $7M in Pre-A funding from a range of investors including Binance Labs, Matrix Partners, and GBV Capital. The funds will be used to facilitate low-cost transactions of various assets across different blockchain networks. Uxuy, which is incubated by Binance Labs, aims to provide users with a seamless trading experience.
Disclaimer: everything in the article represents the author's point of view and has nothing to do with this platform. This article is not intended to be used as a reference for making investment decisions.
You may also like
Sei Foundation proposes version 2 network upgrade to bring EVM compatibility
Quick Take The Sei Foundation has proposed an upgrade to the Sei blockchain, targeting a transition to version 2. This upgrade aims to introduce a high-performance, parallelized Ethereum Virtual Machine.
Uniswaps Labs and Across Protocol introduce token standard ERC-7683 for better cross-chain interoperability
Quick Take Uniswap Labs and Across Protocol introduced a new Ethereum token standard called ERC-7683. ERC-7683 aims to create a universal filler network for all cross-chain intents to follow in their order structure, tackling relayer fragmentation. This would result in lower costs for fillers, a broader filler network for apps to use and lower costs passed onto users.
