First Social Decentralized Perpetual Exchange raised $7.6M in total, Introduces Governance Token
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Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. ZKX, the first Social Perp Trading DEX built on Starknet and Ethereum, has successfully raised a total of $7.6M to date with a new strategic round of funding from key investors such as Flowdesk, GCR, DeWhales and more. Previous investors include Hashkey, Amber Group, Crypto.com, and StarkWare. The infusion of capital is set to accelerate the expansion of the ZKX Protocol. This will help us introduce exciting new features like social copy trade pools and expand into cross chain interoperability. Our vision is to make perpetual swaps fun and accessible for everyone. The protocol is designed to make trading social with gamified trading battles of perpetual futures, leveraging its appchain to deliver unparalleled scalability and high-speed APIs. They launched their native token, $ZKX, on KuCoin, Gate.io, and Bitget. The launch of the $ZKX token empowers ZKX users and community members to shape the direction of the protocol alongside the team. Eduard Jubany Tur, Founder at ZKX,said, “Two years ago, we launched ZKX with the goal of making DeFi accessible and social. Today, we celebrate a major milestone with the launch of the $ZKX token. This token isn’t just a digital asset; it’s a way to reward the incredible contributions from our community members, users, and partners. It will play a key role in governance, staking, and growth of the ZKX ecosystem. We deeply appreciate the support of our investors who believe in our vision. This milestone marks the beginning of a transformative year for ZKX and our users.” Additional Launch Initiatives The launch of $ZKX is accompanied by the launch of…
Filed under: News - @ June 19, 2024 4:28 pm