TechFlow News — According to official announcements, OKX Ventures has revealed a seed round investment in Blum, an innovative trading application aiming to deliver a seamless trading experience bridging DEXs and CEXs for 90 million users. The round was led by gumi Cryptos Capital, with participation from Spartan and No Limit Holdings. Previous pre-seed backers YZi Labs and Top.co continued their support, alongside prominent institutions including Bitscale Capital and Wintermute. To date, Blum has raised a total of $5 million across its pre-seed and seed funding rounds.
"This funding marks a significant milestone for Blum as it will accelerate the development of our trading features. We are deeply grateful to OKX Ventures and all our supporters for their confidence in our vision," said Gleb Kostarev, CEO and Co-Founder of Blum. "From day one, Blum has captured the attention of both investors and users. Our fundraising approach isn't just about securing capital—it's about carefully selecting partners with expertise and resources who can meaningfully enhance the user experience."
Jeff Ren, Partner at OKX Ventures, stated: "We are excited to invest in Blum, one of the largest Telegram Web3 communities. Furthermore, we will establish a partnership with Blum through OKX Connect to jointly attract more users. Through this investment, we aim to reaffirm our commitment and determination to drive the growth of the Ton ecosystem."
