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Web3 startup Immix completed a $2.7 million seed round of financing, with MMV leading the investment and Ripple participating.
2023-09-13 09:23
Odaily News Web3 startup Immix completed a $2.7 million seed round of financing, with MassMutual Ventures (MMV) leading the investment and Ripple participating. The new financing will be used to develop Immix’s trading platform and increase the execution capabilities of its market-making products. Immix was founded in 2019 as a crypto hedge fund and is now focused on providing a non-custodial trading system for institutional investors. Immix positions itself as a cheaper alternative that is said to be 30 times faster than traditional crypto EMS; it also allows users to self-host, thereby increasing control and autonomy over trading operations. (Tech in Asia)