Tech Company Financing Transactions
Nexio Funding Round
Nexio, based in New York, raised $2.2 million from HTX Ventures.
Transaction Overview
Company Name
Announced On
8/7/2024
Transaction Type
Venture Equity
Amount
$2,200,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate the development and adoption of its parallelized Bitcoin rollup technology.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
New York, NY Undisclosed
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Nexio is revolutionizing Bitcoin scalability through a parallelized Bitcoin rollup. The team is building a suite of products and services that empower developers to leverage the power of Bitcoin for complex DeFi applications, gaming platforms, NFT marketplaces, and infrastructure projects without compromising on security or efficiency. Nexio's technology supports over 30,000 transactions per second with ultra-low gas fees, making it ideal for high-frequency applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Charlie Gordon
Founder
Jake Gordon
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