ChainCatcher news, multi-chain DEX ZKEX has completed a $2.5 million seed round financing, with participation from Fenbushi Capital, KXVC, and RockTree Capital. The funds from this round will support ZKEX in launching its fiat gateway services, mobile applications, and more in the next quarter.According to the Web3 asset data platform RootData, ZKEX is a decentralized multi-chain order book exchange (DEX) for buying and selling cryptocurrencies across multiple blockchains. ZKEX is decentralized, trust-minimized, and non-custodial, with transactions secured by zero-knowledge proofs.

ChainCatcher news, the institutional-grade staking platform ContributionDAO announced the completion of a $2.8 million seed round financing, led by KXVC, the venture capital arm of Thailand's largest commercial bank, Kasikorn Bank (KBank), with participation from Axelar, Monad, Connext, and other angel investors. The new funds will be used to develop new institutional-grade staking solutions and to help projects expand into the Southeast Asian blockchain market.In addition, ContributionDAO is building a community infrastructure suite, ProofSquare.xyz, which provides smart automation and virtual assistants to help manage global communities.

ChainCatcher news, according to Tech in Asia, Thailand's commercial bank Kasikorn Bank (KBank) has launched a $100 million fund called KXVC through its innovation department Kasikorn X (KX), which will invest in AI and Web3 solutions focused on financial services. KXVC will also provide founders with opportunities to access KBank's corporate resources, as well as networks of SMEs and consumers.It is reported that before the launch of KXVC, KX had already collaborated with startups and funds such as Magic Link, Transak, HashKey Capital, Symbolic Capital, and Aifund.ai. KX previously participated in the $5 million seed round financing of the DeFi derivatives trading protocol Forward.