Web3 super application ParaX received strategic financing from Metalfa, a Hong Kong digital asset wealth management company

Odaily News Web3 super application ParaX announced that it has received strategic financing from Metalfa, a Hong Kong digital asset wealth management company. The specific amount has not yet been disclosed. Since its launch at the beginning of the month, ParaX TVL has exceeded US$45 million and has more than 1,700 users. (Benzinga) According to previous news at the end of August, ParaSpace and Parallel Finance will merge and undergo a brand upgrade. After the upgrade, ParaX will be positioned as a Web3 super application and is committed to becoming a multi-chain traffic portal. After the brand upgrade, ParaSpace and Parallel will continue to develop as two representative applications on the ParaX platform.