ChainCatcher news, according to foreign media reports, the cryptocurrency trading platform BitGoldEX has completed its Series A financing, with the specific amount undisclosed. BAIF Group invested $715 million in Series A, which will be used to expand the business scope and market promotion, as well as to increase proprietary contract trading products. BitGoldEX will focus on lowering the entry barrier for ordinary users into cryptocurrency, promoting the rapid development of the Web3.0 market. The new funds will also be used to promote the network and enhance trading automation capabilities. (Source link)

Chain Catcher News, Samsung Goldex plans to establish a gold and crypto asset bank and has signed memorandums of agreement (MOA) with banks and corporate groups in major cities around the world to combine traditional gold exchanges with DEX, covering digital gold platforms, gold NFTs, gold stablecoins, and gold tokens.The head of Goldex stated, "The new attempt to establish the Gold & Crypto Asset Bank by combining gold exchanges and DEX is expected to bring new vitality to the blockchain investment market based on the stability and liquidity of gold in the context of economic recession and cryptocurrency downturn." (Prnewswire)