ZKX announced on the 19th that it has successfully completed a new strategic round of financing, raising a total of $7.6 million. The funding was led by Flowdesk, GCR, and DeWhales. On the same day, ZKX officially released its governance token, $ZKX, which is now available for purchase and trading on major exchanges.
ZKX is the first social perpetual contract trading DEX built on Starknet and Ethereum. With the latest strategic financing round, ZKX has raised a total of $7.6 million to date. The main investors in this round include Flowdesk, GCR, and DeWhales, among others. Previous investors include Hashkey, Amber Group, Crypto.com, and StarkWare.
This funding will accelerate the expansion of the ZKX protocol, which will introduce new features such as social copy trade pools and breakthroughs in cross-chain interoperability. This aligns with ZKX’s vision of enabling everyone to enjoy perpetual swap trading. The protocol aims to achieve social trading through gamified trading competitions with perpetual futures contracts and leverages its application chain to provide users with excellent scalability and high-speed API.
ZKX has already listed its native token, $ZKX, on KuCoin, Gate.io, and Bitget exchanges. The launch of the $ZKX token enables ZKX users and community members to shape the direction of the protocol.
Eduard Jubany Tur, the founder of ZKX, stated:
“In addition to the issuance of $ZKX, ZKX has also launched staking and airdrop programs. Starting from June 19th, users can stake $ZKX to earn a portion of the platform’s revenue. The staking program aims to incentivize stable and loyal user communities, which is crucial for the platform’s growth and sustainability.
The airdrop program aims to reward active community members and early adopters. The total supply of $ZKX tokens is 100 million, with 33% unlocked at the time of issuance.
ZKX’s goal is to expand its influence in multiple L1 and L2 blockchain ecosystems by 2024.”
Please read the full announcement here:
https://zkx.fi/blogs/the-zkx-token-launch
About ZKX:
ZKX makes trading social through PVP duels and perpetual futures trading competitions. By combining the efficiency of centralized exchanges with the self-custody and trust of DeFi, ZKX provides excellent scalability and high-speed API through its application chain. ZKX is currently deployed on Ethereum and Starknet, leading the way in the convergence of SocialFi and DeFi.
Blog:
https://bit.ly/4btGDY5
Official Website:
https://bit.ly/3Xty0t5
Disclaimer: This article is a sponsored article provided by ZKX and does not represent the views of the publication or constitute investment advice, purchase or sale recommendations. Please see the disclaimer at the end of the article for more details.
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