Tech Company Financing Transactions
Uxuy Funding Round
Alti5, Binance Labs and Bixin Ventures participated in a $7 million Series A venture round for Uxuy. The funding round was announced on 5/9/2024.
Transaction Overview
Company Name
Announced On
5/9/2024
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to promote efficient and low-cost transactions of assets such as lightning network taproot assets, ordinals BRC-20, and runes.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
100 Peck Seah St 08-14
Singapore, 079333
SG
Singapore, 079333
SG
Phone
Undisclosed
Website
Email Address
Overview
UXUY Protocol is a cross-chain interoperability solution that empowers Web3 projects and users to seamlessly swap tokens across multiple chains. Our protocol is built on a stablecoin-based bridge that sources liquidity from various DEXs, providing lightning-fast trades with minimal slippage. With our state-of-the-art technology, you can easily access hybrid cross-chain liquidity in one place, elevating your trading experience to new heights and scaning all possible routes and find your bargain with the best rate.
Management Team
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