Perpetual contract trading platform OX.FUN completed US$4 million in financing, led by Foresight Ventures
The decentralized perpetual contract trading platform OX.FUN, initiated by Zhu Su (@zhusu), completed a new round of financing with a financing amount of $4 million. This round of financing was led by Foresight Ventures, with participation from Double Peak Group, EmChain, Genblock Capital and other institutions. The funds raised in this round will be used for product iteration, team building, market expansion, etc.
OX.FUN is an innovative perpetual contract trading platform that uses OX as the contract collateral and adopts the OXMILK dual token model, allowing investors to receive tokens regardless of profit or loss. Since its launch, the platform has traded over 20 billion OX and deposited over 1.5 billion OX.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump considers Kevin Warsh as Treasury secretary first, then Fed chairman
US Embraces Cryptocurrency to Reinforce Global Leadership in FinTech Innovation
241122: XRP Price Surges 25% as Headwinds for Ripple Clear Even More
XRP is closely-related to Ripple Labs, a high-profile payments company targeted by the SEC since 2020 on allegations of selling the token as a security to U.S. investors. Ripple fully cleared a long-drawn court case in 2024, bringing the spotlight back on XRP, a major token that commands a $77 bill