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Decentralized exchange IDEX Raised $2.5 Million In Seed Funding To Launch IDEX 2.0
Summary: $2.5 million of seed funding has been raised by the non-custodial crypto exchange IDEX which is going to launch IDEX 2.0 pretty soon. Led by G1Ventures and Borderless Capital, this round’s investment is also joined with participation from Collider Ventures and Gnosis. The fund will be used for developing the product, marketing, and user acquisition, ...
$2.5 million of seed funding has been raised by the non-custodial crypto exchange IDEX which is going to launch IDEX 2.0 pretty soon.
Led by G1Ventures and Borderless Capital, this round’s investment is also joined with participation from Collider Ventures and Gnosis. The fund will be used for developing the product, marketing, and user acquisition, according to Alec Wearn, the co-founder and CEO of IDEX.
IDEX version 2.0 is expected to launch next month. The company claims that this new product will have features such as standardized APIs, low-latency trade execution, advanced order types, highly effective matching engine. The new platform will be compatible with the software, strategists of market makers, and algorithmic traders.
By Lily Yang
Tags: Crypto Exchange,IDEX
Link: Decentralized exchange IDEX Raised $2.5 Million In Seed Funding To Launch IDEX 2.0 [Copy]
