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🚀 Defx Secures $2.5 Million in Seed Funding for Privacy-Focused Blockchain

According to PANews, the privacy-centric Layer 1 blockchain project Defx has successfully raised $2.5 million in a seed funding round. The investment was led by notable firms including Pantera Capital, CMT Digital, gumi Cryptos Capital (gCC), Baboon VC, CoinShares Ventures, Robot Ventures, and Cadenza. Additionally, Polygon co-founder Sandeep Nailwal and Liminal founder Mahin Gupta participated in the funding.

Defx is a decentralized exchange designed specifically for high-performance perpetual contract trading, utilizing a Layer 1 blockchain optimized for this purpose. The platform operates within a private 'dark pool' execution environment, where order information is encrypted using zero-knowledge proof technology, ensuring both privacy and on-chain verifiability.


#Defx #SeedFunding #PrivacyBlockchain #Layer1 #DecentralizedExchange #PerpetualContracts #ZeroKnowledgeProof #DarkPool #PanteraCapital #CMTDigital #gumiCryptos #BaboonVC #CoinShares #RobotVentures #Cadenza #SandeepNailwal #MahinGupta
🚀 Japanese IP Project Xross Road Secures $1.5 Million in Seed Funding

On February 10, Japanese IP project Xross Road successfully raised $1.5 million in a seed funding round. According to BlockBeats, the investment was led by Arbitrum Gaming Ventures, Decima, Taisu Ventures, and BaboonVC. The funds will be utilized to develop next-generation IP creation and distribution through Xross Road and the AI-driven manga platform HANASEE.

#JapaneseIP #XrossRoad #SeedFunding #ArbitrumGamingVentures #Decima #TaisuVentures #BaboonVC #NextGenerationIP #AIPlatform #HANASEE #Manga #ARB