TechFlow News — KYNX has announced a funding round of 50 BTC, backed by institutions including Fairbit Venture, Nivana Capital, Dego, Alphacoin Fund, Vega Ventures, and Slush Fund.
Leveraging the BRC-20 standard and multi-chain inscription technology, KYNX aims to build an all-in-one crypto asset management service. The raised funds will support the development of KYNX's proxy inscription execution service, offering clients precise, secure, and simple solutions for inscription operations, streamlining the user experience. The company plans to conduct an IDO by the end of December to expand its presence within the Bitcoin ecosystem.
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