TechFlow news: Decentralized cross-chain trading platform Kinetix Network has announced the completion of a seven-figure strategic funding round led by Factor and Gnosis Chain.
The funding is intended to support Kinetix's development on Gnosis Chain. According to the team: "This collaboration empowers Kinetex to enhance its pioneering trading approach, transferring liquidity across networks without requiring assets to be stored in pools, and leveraging zero-knowledge technology for validation without reliance on third parties.... Kinetex plans to launch its public testnet on Gnosis Chain early next year. The anticipated three-month testing phase aims to identify vulnerabilities and refine the user experience."
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