TechFlow reported that OpenEx, a hybrid exchange, has completed its Pre-A round at a $50 million valuation with undisclosed funding amount. The round was backed by C² Ventures, Agallochum Capital, TKX Capital, among others. Founders and managing directors from Galxe and Fenbushi Capital participated as individual investors.
OpenEx is a hybrid trading platform integrating both CEX and DEX functionalities. The raised funds will be used to enhance the DApp trading experience and develop new financial products.
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