TechFlow News — AscendEX, a Singapore-based cryptocurrency trading platform, announced the completion of a $50 million Series B funding round led by Polychain Capital and Hack VC. Participants in the round include Jump Capital, Alameda Research, Uncorrelated Ventures, Eterna Capital, Acheron Trading, Nothing Research, and Palm Drive Capital. The financing values AscendEX at $455 million. The company said it plans to use the new funds to accelerate its expansion into international markets, particularly Europe, Asia, and Latin America, as well as to expand its internal management team.
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