Web3

OKX Ventures announces investment in Web3 innovative trading application Blum

ChainCatcher news, according to official sources, OKX Ventures announced a seed round investment in the innovative trading application Blum, which aims to create a trading experience connecting DEX and CEX for 90 million users. This round of financing was led by gumi Cryptos Capital, with participation from Spartan and No Limit Holdings. It also received continued investment from seed pre-round supporters YZi Labs and Top.co, as well as participation from well-known institutions such as Bitscale Capital and Wintermute. Currently, Blum has secured a total of $5 million in seed pre-financing and seed round financing."This funding marks an important milestone for Blum as it will drive the development of our trading features. We are very grateful to OKX Ventures and other supporters for their confidence in us," said Gleb Kostarev, CEO and co-founder of Blum. "From day one, Blum has attracted the attention of investors and users. Our approach to financing is not just about securing funds; it is about carefully selecting partners with expertise and resources that can enhance the user experience."OKX Ventures partner Jeff Ren stated, "We are excited to invest in Blum, which is one of the largest Telegram Web3 communities. At the same time, we will establish a partnership with Blum through OKX Connect to attract more users together. Through this investment, we hope to once again demonstrate our willingness and determination to promote the development of the Ton ecosystem."
2025-02-13
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