Xy Finance Raises $12M Funding Round From Investors Including Circle

Dec 02, 2021•over 3 years ago

Amount Raised

$12 Million

Description

Rapidly growing blockchain startup XY Finance has announced that it has closed a $12M funding round led by some of the most prominent venture capital firms in the cryptocurrency space. Led by investors including Circle Internet Financial, LLC, Infinity Ventures Crypto, Mechanism Capital, TRON Foundation, Morningstar Ventures, Yield Guild Games Ventures, Block Capital and Animoca Brands, the full consortium includes more than forty investment firms.

Company Information

Company

Xy Finance

About

XY Finance is a Taiwan based cryptocurrency startup best known as a one-stop cross chain aggregator for tokens and NFTs. Their platform allows investors to efficiently transfer cross-chain crypto assets cost effectively. Since launch the platform has seen consistent triple digit growth with unique users growing 436% and trading volume growing more than 983% in October alone. The protocol was launched in 2021 by entrepreneur Wilson Huang. Learn more at: https://xy.finance/ SOURCE XY Finance

Funding Insights

Based on industry data

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Xy Finance Raises $12M Funding Round From Investors Including Circle

Description

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Funding Insights

Company Information