Freedx Secures $50 Million in Funding to Transform the Crypto Trading Experience
The post Freedx Secures $50 Million in Funding to Transform the Crypto Trading Experience appeared on BitcoinEthereumNews.com.
[PRESS RELEASE – Dubai, UAE, January 29th, 2025] Freedx, a newly launched cryptocurrency exchange, today announced the completion of its $50 million funding round. Freedx has secured regulatory permissions in Panama and a BTC license in El Salvador, representing initial steps toward expanding its compliance efforts globally. The investment reflects investor confidence in Freedx’s approach to offering a platform designed with a focus on clarity, simplicity, and advanced trading tools. With an emphasis on intuitive design and robust security features, Freedx aims to fill a vital gap in the market by combining advanced capabilities—such as optimized order routing, real-time analytics, and frictionless execution—with a sleek, user-friendly interface. Founded by a team of industry veterans drawn from top financial and crypto institutions such as Binance, Deutsche Bank, Upbit, eToro, and more, Freedx brings together a powerhouse leadership unit with decades of experience spanning trading, technology, and risk management. Since its inception, the Freedx team has grown to nearly 100 members dedicated to building a transparent, efficient, and secure trading environment. “At Freedx, we believe that trading should be as seamless and transparent as possible,” said Jonathan Farnell, CEO, Freedx. “This fundraise validates our vision to build a platform that prioritizes traders’ needs above all else. We’re thrilled about the opportunity to continue developing innovations that empower our community and drive the industry forward.” The USD 50 million fundraise will enable Freedx to accelerate platform enhancements, expand global reach, and strengthen its customer support capabilities. Early adopters can sign up here and expect ongoing platform updates, new asset listings, and a suite of professional-grade trading tools designed to enhance the decision-making process. Key Freedx Features: Trader-First Design: Built by active market participants, Freedx’s interface integrates advanced tools without sacrificing simplicity. Industry-Leading Security: Proprietary security protocols and multi-factor authentication ensure user assets and…
Filed under: News - @ January 29, 2025 7:18 pm