Uxuy, a Singapore-based provider of a decentralized multi-chain trading platform, received an investment from Mexc Ventures.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and its business reach.
Uxuy is a provider of a decentralized multi-chain trading platform based on MPC wallet and technology. Guided by the philosophy — “Your Crypto, You Control” — it offers traders cross-chain trading services for cryptocurrencies and digital asset types across the entire blockchain spectrum.
The UXUY app’s beta version was released on the application market in August. The beta version of the app features a Gas Credit product and GasPool, which can be used to pay for gas in various on-chain activities, including transfers and transactions on any public chain.
MEXC Ventures is the venture capital and incubation arm of MEXC. Other investors include Bixin Ventures, Waterdrip Capital, KuCoin Ventures, Pionex, LK Venture, Arcane Group, Daoverse Capital, and Lapin Digital.
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