usdx.money Secures $45m New Financing at $275m Valuation

Quick Summary:

The round puts the project’s valuation at $275 million.

Investors for this round include NGC, BAI Capital, Generative Ventures, and UOB Venture Management, with a portion of the investments made in the form of warrants.

usdx.money, a stablecoin infrastructure project, announced it has raised $45 million in the latest round of financing.

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Article Details

Author / Journalist: Chainwire

Category: Crypto

Markets: United Arab EmiratesHong Kong

Topics: Investors Infrastructure Decentralized Stablecoin Crypto Secure Usdx Million Capital Finance Money

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-02 @ 12:56:23 (2 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 158 words

Reading Time: 1 minutes read

Sentences: 22 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 24049058

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Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 20 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

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