Chainge Secures $13 Million Investment from GEM Digital & Alpha Token Capital
The post Chainge Secures $13 Million Investment from GEM Digital & Alpha Token Capital appeared first on Coinpedia Fintech News
Singapore – Chainge is thrilled to announce a significant milestone in its journey toward revolutionizing cross-chain trading with a $10 million investment commitment from GEM Digital Limited and $3 million from Alpha Token Capital.
This substantial infusion of capital represents a resounding vote of confidence in Chainge’s mission to redefine standards in cross-chain trading and empower users with seamless access to digital assets across multiple chains. With $13 million dedicated to fueling Chainge’s growth, this investment commitment marks a pivotal moment for the platform and the broader blockchain ecosystem.
Under the guidance of esteemed board members including Najam Kidwai, Mike Lempress, and Dejun Qian, Chainge is on a mission to disrupt the long-tail exchange market. With a vision to empower users to access any token on any chain, Chainge aims to redefine standards in cross-chain trading, capturing emerging opportunities in the rapidly evolving digital asset landscape.
Chainge is dedicated to crafting a future where AI-powered cross-chain trading is efficient and secure and accessible to all. Their mission since inception has been to break down barriers in the digital asset space and provide users with the tools they need to navigate the complexities of blockchain technology effortlessly
With a full-fledged 2-product suite both mobile and web-based, backed by a robust DCRM bridge infrastructure, Chainge enables users to conduct secure cross-chain transactions across 55 blockchains, surpassing $1 billion in cumulative trading volume.
About GEM Digital Limited
GEM Digital Limited is a digital asset investment firm based in The Bahamas, actively sourcing, structuring, and investing in utility tokens listed on over 30 centralized exchanges (CEXs) and decentralized exchanges (DEXs) globally. As part of The Global Emerging Markets Group (GEM), a $3.4 billion alternative investment group, GEM Digital Limited manages a diverse set of investment vehicles focused on emerging markets, providing exposure to various sectors and investment opportunities worldwide.
About Alpha Token Capital
Alpha Token Capital (ATC) is a specialized token fund established to bolster promising token projects already active across various markets. ATC commits to elevating the intrinsic value of each crypto project, aiming to become a reliable strategic partner in fostering project growth. Among its notable investments are innovative tokens such as OPUL, Map Protocol, VELA exchange, FRONT Frontier and Vulcan Forged, demonstrating ATC’s commitment to supporting the evolution and expansion of the cryptocurrency ecosystem.
For media inquiries or further information, please contact:
pr@chainge.finance
Filed under: Bitcoin - @ May 28, 2024 10:17 am