Pre-A round financing

SuperFi Labs completes $2.5 million Pre-A round financing, led by Linklogis

ChainCatcher news, the crypto asset innovation lab SuperFi Labs announced the completion of a $2.5 million financing round. This round was led by the supply chain financial technology listed company Linklogis, with participation from well-known institutions and practitioners such as SNZ, Taiko, and ByteTrade. Previously, Generative Ventures completed an angel round investment as an early investor.SuperFi Labs is dedicated to integrating mainstream financial assets with the crypto settlement system, creating a more efficient and transparent diversified allocation method for global qualified investors. On the asset side, SuperFi will aggregate high-quality on-chain and off-chain assets to provide asset managers with stable sources of income while retaining tokenized income opportunities, enhancing the efficiency of asset capital circulation in this digital process. On the funding side, SuperFi Labs significantly lowers the participation threshold for holders of different on-chain cryptocurrencies by building DeFi protocols. Currently, its first lending protocol products AgentFi and Sake have been launched on multiple blockchain networks, and it will explore more possibilities.A relevant person from Linklogis stated: "Linklogis focuses on the application of advanced technologies such as AI, blockchain, cloud computing, and big data in the field of supply chain finance, with an annual cumulative asset processing scale exceeding $40 billion. We look forward to SuperFi Labs' innovative attempts to connect mainstream finance with the crypto world. By bringing high-quality supply chain financial assets into the crypto world, SuperFi Labs is pioneering a new paradigm of real returns."The CEO of SuperFi Labs stated: "We are very grateful for the trust and support of our investors. SuperFi Labs will continue to deepen the circulation of mainstream financial asset returns in the new blockchain financial system, reducing industry friction through technological innovation, and providing stable and reliable income sources for cryptocurrency holders."It is reported that this round of financing will be used for product development, market expansion, and team building, promoting the launch of asset-side RWA products and funding-side DeFi products, further improving SuperFi Labs' product matrix and enhancing user experience.

UXUY completes $7 million Pre-A round financing, with participation from institutions such as Binance Labs and Bitcoin Magazine

ChainCatcher news, May 9, Bitcoin Asia 2024 kicks off, and the next-generation decentralized multi-chain trading platform UXUY, incubated by Binance Labs, announced the completion of a $7 million Pre-A round of financing in Hong Kong. Since its establishment, its total financing amount has exceeded $10 million. UXUY is an important builder in the Bitcoin ecosystem, with over 100,000 traders using Bitcoin Lightning Network services through UXUY.This round of financing for UXUY was supported by well-known institutions from Asia, North America, and Europe, including Binance Labs, JDI Ventures, UTXO Management (Bitcoin Magazine), Bixin Ventures, SWC Global, Comma3 Ventures, CMS Holdings, Matrix Partners, Satoshi Labs, Dewhales Capital, YBB Capital, GBV Capital, Web3 Vision, Pentos Ventures, Absoluta Digital, PAKA, DefinanceX, Dreamlabs, Greythorn Asset Management, NGC Ventures, Longrun Capital, Metalpha, GSR, and others.The funds raised in this round will be used for the construction of Bitcoin ecosystem infrastructure, focusing on facilitating efficient and low-cost transactions of assets such as Lightning Network Taproot Assets, Ordinals BRC-20, and Runes.UXUY co-founder Jordan stated, "We are excited to become strategic partners with all the investors! This year, we successfully built a bridge between the Bitcoin Lightning Network and the multi-chain ecosystem. UXUY will continue to promote the use cases and adoption of the Lightning Network in trading scenarios, contributing more to the Bitcoin ecosystem."
2024-05-09
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