TechFlow News, May 21: According to Business Insider, IOTrader—a protocol on the BNB Smart Chain—announced securing $3.8 million in strategic investment. Participating investors include Animoca Brands, ViaBTC Capital, Everwood Capital, CANDAQ, WAGMI Ventures, Credit Scend, and Web3 Labs.
IOTrader has previously launched perpetual contracts, prediction markets, customizable event markets, and AI-assisted trading features, reporting that its cumulative trading volume has surpassed $1 billion. Additionally, its smart contracts have undergone third-party security audits, and its IOI token whitepaper has been notified to the Central Bank of Ireland under the EU’s MiCA framework.
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