Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
The stablecoin issuance protocol usdx.money has completed a financing of 45 million US dollars

The stablecoin issuance protocol usdx.money has completed a financing of 45 million US dollars

Bitget2024/11/29 12:20

On November 29, the stablecoin issuance protocol usdx.money completed a financing of 45 million US dollars. After this round of financing, the project's valuation has reached 275 million US dollars. NGC, BAI Capital, Generative Ventures, UOB Venture Management and others participated in the investment, some of which were made through warrants. Existing supporters of this project include Dragonfly Capital and Jeneration Capital. usdx.money aims to build next-generation stablecoin infrastructure with USDX as its first stablecoin product. After completing the financing, usdx.money will further accelerate its ecosystem layout and promote the application of stablecoins USDX and sUSDX in multiple fields.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

University of Michigan September Consumer Sentiment Index falls to a four-month low, inflation expectations for the next year rise to 4.6%

The final value of the US Michigan Consumer Sentiment Index for September dropped to 48.1, reaching a four-month low. Consumers expect inflation over the next year to be 4.6%, higher than last month's 4%. The expected annualized inflation rate for the next 5 to 10 years is 3.4%, the highest level since May. US gasoline and diesel prices have climbed, and mortgage rates have surpassed 7%. According to the survey leader, despite political differences, consumers unanimously believe the economic outlook has worsened.

华尔街见闻•2026/09/25 15:06
University of Michigan September Consumer Sentiment Index falls to a four-month low, inflation expectations for the next year rise to 4.6%