On April 9, Singapore-based UXUY announced that it had successfully raised US $3.2M in seed round funding from investors including Bixin Ventures, WaterDrip Capital, KuCoin Ventures, Pionex, LK Ventures, Arcane Group, Daoverse Capital, Lapin Digital, etc..
UXUY is the next-gen MPC-based decentralized trading platform. Through the mnemonic-free and gas-free solutions, UXUY makes it easier for users to get started and conduct cross-chain transactions with a single click. The company plans to create a comprehensive stablecoin liquidity pool to provide users with a “stablecoin-centric” trading environment and a CEX-like user experience. UXUY supports mainstream public chains, fully leverages the “wallet + transaction” and proactively participates in the building of the “Unclaimed” ecosystem.
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Wang Xi, Partner of Bixin Ventures: “UXUY’s funding team are serial entrepreneurs who have experienced a complete bull-bear market cycle, and have extraordinary knowledge and technical expertise for multi-chain ecology and cross-chain transactions. Bixin Venture looks forward to working with the team to accelerate the next disruptive Web 3.0 innovation. ”
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Jordan, Co-founder of UXUY: “We are excited to form strategic partnership with all our investors! Our mission, ultimately, is to build a decentralized Binance, and our vision is to build the entry portal for Web3 to welcome the mass adoption of 1 Billion users. ”
UXUY is a Singapore-based startup founded by serial entrepreneurs and backed by industry leading VCs. UXUY is building the next-gen MPC-based decentralised trading platform and aims to provide the CEX-like user experience for global users.
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