TechFlow news — Hybrid cryptocurrency exchange X10 has announced a $6.5 million funding round, with investors including Tioga Capital, Semantic Ventures, Cherry Ventures, Starkware, Cyber Fund, and prominent angel investors such as executives from Revolut and Konstantin Lomashuk, founder of Lido.
Founded by Ruslan Fakhrutdinov, former head of crypto at Revolut, X10 aims to combine the strengths of centralized exchanges (CeFi) and decentralized finance (DeFi), delivering a Revolut-like user experience with self-custody of funds. The new funding will be used to build a next-generation crypto exchange that offers superior user experience while enabling users to retain control over their assets.
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