On-chain derivatives protocol ProsperEx receives investment from Magnus Capital
ChainCatcher news, the on-chain RWA derivatives protocol ProsperEx has now received a strategic investment from the well-known investment institution in the crypto industry, Magnus Capital, with the investment amount undisclosed. Meanwhile, both parties have also established a long-term strategic partnership, and Magnus Capital will provide ProsperEx with industry resources to accelerate its ecosystem development. Previously, ProsperEx had received strategic investments from ADA fund EMURGO Ventures, Central Research, AC capital, and others.
It is reported that ProsperEx is an innovative on-chain RWA derivatives protocol that supports major derivatives activities such as spot trading, on-chain perpetual contracts, and on-chain options. In addition, the protocol will further explore and layout in the RWA (Real World Asset Tokenization) field to promote the deep integration of the Web2 and Web3 worlds.