Defx Completes $2.5 Million Seed Round Financing, with Pantera Capital and Others Participating

Odaily News Layer 1 project Defx completed a $2.5 million seed round of financing, with participation from Pantera Capital, CMT Digital, gumi Cryptos Capital (gCC), Baboon VC, CoinShares Ventures, Robot Ventures and Polygon co-founder Sandeep Nailwal. The new funds are intended to support its construction of a decentralized exchange that optimizes perpetual contract trading.