TechFlow news, June 17 — According to official announcements, the cross-border settlement infrastructure project XFX has officially launched and completed a $9.1 million seed funding round. The round was co-led by Haun Ventures and Castle Island Ventures, with participation from Oak HC/FT, MAYA Capital, Coinbase Ventures, Paxos, Bitso, and other institutions.
XFX focuses on building institutional-grade cross-border settlement infrastructure, aiming to advance the future of global capital flows. Specific technical details and use cases for the project have not yet been disclosed, but its support from several prominent blockchain investment firms indicates ongoing market interest in cross-border payment solutions.
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