The decentralized derivatives trading protocol Veax has completed a $1.2 million pre-seed funding round, with participation from Circle Ventures and others

2022-11-17 21:57:36

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ChainCatcher news, according to globenewswire, the NEAR-based decentralized derivatives trading protocol Veax announced the completion of a $1.2 million pre-seed funding round, with participation from Circle Ventures, Proximity Labs, Outlier Ventures, Tacans Labs, Qredo, Skynet Trading, Seier Capital, and the Widjaja Family. The advisory board of Veax includes the former COO of Skype and the founder of Concordium Blockchain.

It is reported that Veax aims to build a DeFi platform that provides adaptive liquidity pools, allowing liquidity providers to optimize capital allocation. The platform plans to launch its v1 testnet in early December and aims to go live on the mainnet by the end of the year, with a public token sale planned for the first quarter of 2023. (globenewswire)

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Veax investment and financing NEAR

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