TechFlow news, on February 24, Foresight Ventures issued a statement on the X social platform stating that it has not participated in any form of fundraising activities by OX.FUN, nor has it endorsed or supported OX.FUN's current fundraising efforts. It must be clarified that discussions between Foresight Ventures and the OX.FUN team were primarily centered around token transactions, not investment or endorsement of OX.FUN’s fundraising. The transaction has been canceled, and the token transaction will not proceed. Foresight Ventures expressed regret for any confusion arising from this misunderstanding.
Previously, according to official OX.FUN announcements, OX.FUN, a decentralized perpetual contract trading platform initiated by ZhuSu, completed a new round of financing amounting to $4 million. This round was led by Foresight Ventures, with participation from Double Peak Group, EmChain, Genblock Capital, and other institutions. The funds raised will be used for product iteration, team expansion, market development, and other initiatives.
