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Singapore-Based KTX.Finance Raises $4M in Seed Funding for Decentralized Perpetuals Exchange on BNB Chain

Singapore-based decentralized perpetuals exchange on BNB Chain, KTX.Finance, has secured $4M in Seed funding from investors including Hashed, AlphaLab Capital, and KuCoin Ventures. The funds will be used to expand operations and business reach.

KTX.Finance uses a unique multi-asset liquidity pool, allowing traders to trade against the KLP pool consisting of 50% stablecoins and 50% blue-chip crypto assets. Liquidity providers can deposit any blue-chip asset into the KLP pool and receive up to 70% of the trading fees generated by the protocol.

BNB BNB $685.46
-1.63%
seed funding Decentralized exchange
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