CeDeFi exchange Unizen raises $200M from Global Emerging Markets
- June 28, 2022
- 0
Positioning itself as a CeDeFi exchange based on the BNB Chain, Unizen has agreed to raise $200 million from Global Emerging Markets (GEM) to develop the ecosystem. We
Positioning itself as a CeDeFi exchange based on the BNB Chain, Unizen has agreed to raise $200 million from Global Emerging Markets (GEM) to develop the ecosystem.
We are excited to announce that Unizen has received $200M in financing commitments from Global Emerging Markets.
GEM is an alternative investment group focused on emerging markets and has processed more than 530 transactions in 70 countries spanning 5 continents.https://t.co/oi2iFCB2TH
— Unizen: Smart Exchange Ecosystem (@unizen_io) 27 June 2022
GEM will fund in the form of “capital commitments”: Unizen will receive part of the funding immediately after undisclosed criteria are met.
The platform focuses on attracting both retail and institutional investors by searching and collecting orders at the best prices on centralized and decentralized exchanges.
Unizen will use the funds received to expand its team and product line, as well as accelerate the implementation of the trade consolidation system.
The Unizen group includes the ZenX Labs incubator. The framework provides technical expertise and compliance assistance. One of his projects was to participate in the preparation of the launch of the SpaceX rocket to the moon, financed by SpaceX.
Recall that in May 2022, GEM led the investment round for Kaj Labs, which aims to create a platform for cross-chain applications.
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