Tech Company Financing Transactions
ALEXGO Funding Round
On 11/16/2021, ALEXGO announced $5.8 million in funding from White Star Capital and private investors.
Transaction Overview
Company Name
Announced On
11/16/2021
Transaction Type
Venture Equity
Amount
$5,800,000
Round
Undisclosed
Investors
White Star Capital (Lead Investor)
Proceeds Purpose
The funds will help drive the protocol launch in December and enable the company to expand its developer and user experience teams.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Hong Kong, 00000
Hong Kong
Hong Kong, 00000
Hong Kong
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
ALEX is the first open source DeFi protocol built on the Stacks Blockchain and modeled on the world's financial markets. Partnering with Stacks allows ALEX to access the liquidity, power, and safety of Bitcoin's 1tn dollar blockchain. Stacks makes Bitcoin a programmable base layer, enabling decentralized apps and smart contracts that inherit all of Bitcoin's powers.
Management Team
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