Algebra, a Dubai, UAE-based large DEX engine provider, received an investment from V3V Ventures.
The amount of the deal was not disclosed.
The company will use the funds to expand deploy an Aggregated Liquidity Layer, expand its plugin marketplace, and Algebra Integral operations, to become a major competitor to the forthcoming Uniswap v4.
Algebra is one of the largest DEX engine providers and has been a key player behind some of the biggestĀ decentralizedĀ exchanges in theĀ cryptoĀ space for years.
FinSMEs
17/09/2024