KTX.Finance

Million

<html>
 <head></head>
 <body>
 KTX.Finance, a decentralized derivatives exchange on BNB Chain, closed a $4 million seed round led by <a target="_blank" href="https://tokeninsight.com/en/capitals/hashed" rel="noopener noreferrer nofollow">Hashed</a> with participation from AlphaLab Capital, CRIT Ventures, KuCoin Ventures and Sky9 Capital. The platform plans to use the new funding to expand operations and business reach. 
 KTX.Finance is an on-chain decentralized derivatives trading protocol that enables traders to trade against the KLP Pool, a multi-asset liquidity pool comprised of 50% stablecoins and 50% blue-chip crypto assets (e.g. BTC, ETH, BNB). Through this model, traders can trade with full custody of their assets. 
 In addition, liquidity providers on KTX.Finance can deposit any blue-chip asset into the KLP pool and receive the trading fees generated by the protocol. 
 The platform was incubated by ByteTrade Lab, a Singapore-based Web3 infrastructure and venture builder. 
 &nbsp; 
 <a target="_blank" href="https://tokeninsight.com/en/cryptocurrencies" rel="noopener noreferrer nofollow">TokenInsight</a> is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email <a href="mailto:news@tokeninsight.com" rel="noopener noreferrer nofollow">news@tokeninsight.com</a>. Your trust will be well respected.
 </body>
</html>

Decentralized Derivatives Exchange KTX.Finance Closes $4 Million Seed Round

TokenInsight

Other articles published on Jul 12, 2023

$70M+ Worth Of APE, APT, IMX To Be Unlocked In Next 30 Days

Bitcoin NFTs Back in Spotlight as Ordinals Cross 3.5M Inscriptions

Join us this Thursday for our Twitter Space: Through the Wormhole

Crypto Developments in Asia: Analyzing Expert Opinions

Does Crypto Need Another Twitter? Here’s What We Learned From Looking At 100+ Top Brands In the I...

Artela Secures $6M Seed Round to Bring Infinite Scalability to the Blockchain

Join our free newsletter for daily crypto updates!