DRW, Nascent, SIG, and MIAX deny investing in OPNX

ChainCatcher news reports that venture capital firms DRW, Nascent, SIG, and MIAX have denied investing in the crypto claims and trading platform Open Exchange (OPNX), founded by Three Arrows Capital co-founder Zhu Su and others.

A DRW spokesperson stated that DRW is not an investor in OPNX, nor are any of its affiliated companies investors in OPNX.

Nascent clarified on Twitter: "To clarify: Nascent did not participate in OPNX's funding round; we only invested in the FLEX token in early 2021."

A SIG spokesperson said: "We have not provided any funding to OPNX, nor do we intend to do so."

According to The Block, MIAX also confirmed that it is not an investor in OPNX and added that it has not purchased any FLEX.

It is reported that OPNX was previously known as CoinFlex, a cryptocurrency exchange undergoing restructuring in Seychelles. In recent months, Su Zhu and Kyle Davies have collaborated with CoinFlex, which has a token called FLEX, to launch the new OPNX exchange. DRW and Nascent were previous investors in CoinFlex.

Meanwhile, OPNX responded again on Twitter, stating: "It is quite unseemly for certain institutions to deny any association due to concerns about a strong reaction on social media while seeking economic benefits."

OPNX added: "If any party wavers in their commitment to transparency and industry progress, we are disappointed by their false statements and hope they do not become investors in the future."

Earlier reports indicated that OPNX stated on its social platform that its investors include AppWorks, Susquehanna (SIG), DRW VC, MIAX Group, Merchant Bank International (China Merchants Bank International) Hong Kong Branch, Token Bay Capital, Nascent, Tuwaiq Limited, and others. (source link)