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OpenEx has completed Pre-A round financing with a valuation of $50 million, with participation from C² Ventures, among others.

2023-07-21 08:18
Odaily News - Hybrid trading platform OpenEx completes Pre-A round financing with a valuation of $50 million. The specific financing amount was not disclosed. C² Ventures, Agallochum Capital, and TKX Capital participated, as well as Galxe and Fenbushi Capital's founder and CEO in a personal capacity. The new financing will be used to improve DApp trading experience and develop new financial products.



It is reported that OpenEx is a hybrid trading platform that combines CEX and DEX. It has been online for nearly 3 months, with a daily trading volume of about $100 million. (Chain Wire)



Earlier in January, OpenEx announced the completion of a seed round financing of millions of dollars, led by TKX Capital with participation from Web3 venture Agallochum Capital. Unlike mainstream B2C trading platforms, OpenEx adopts a B2B2C membership model, providing members with a native order flow management model that traditionally has a high threshold for entry in the financial and crypto industries, as well as other services such as consulting, education, content creation communities, and trading assistance.