Finance
Multipool Announces LBP After Raising $650k in VC Round Led By NxGen
Global Banking & Finance Review®
Company
Majuro, Marshall Islands, May 15th, 2024, Chainwire
Majuro, Marshall Islands, May 15th, 2024, Chainwire
Multipool, a leading innovator in the blockchain and cryptocurrency industry, announces the close of its $650k VC investment round led by NxGen, and the announcement of its Fjord Foundry LBP on May 21st-23rd. In the past month, Multipool has brought together the best of the crypto investment scene and connected them with the next big thing, receiving an overwhelmingly positive response from the community.
“We’re thrilled to have raised $650k from VC & private investors. With NxGen, we aim to take the Multipool project of a DEX with CEX appeal to new heights and bounds, revolutionizing the crypto space. The LBP launches on Fjord Foundry, May 21st, stay tuned! ” Wojciech Kaszycki, a Core Contributor at Multipool
Partnered with Professionals
The Multipool LBP launches with industry professionals including NxGen, a group of private investors and advisers. These stakeholders provide Multipool with all the skillsets and regulatory support needed to reshape the industry offering compliance, flawless technological development and widespread awareness.
The Big Launch
With the close of the VC round, Multipool will launch their LBP on Fjord Foundry May 21st – 23rd, where crypto enthusiasts from all around the world can participate, joining a community of vibrant experts on the cutting edge of crypto tech.
To learn more about Multipool and the upcoming LBP, users can visit:
Website – www.multipool.finance
Telegram – t.me/multipoolfi
X – https://twitter.com/multipoolfi
About Multipool
Multipool is a cutting-edge decentralized exchange (DEX) transforming the trading landscape for real-world assets (RWAs) and cryptocurrencies. Multipool is designed for fairness and equality, featuring a fully decentralized on-chain order book, deep liquidity through dynamic bracket pools, and seamless trading of RWAs and cryptocurrencies. Utilizing world-class innovations including industry-first FIX APIs, low latency networks, zero price impact auctions, trustless RFQs, peer-to-peer repo lending, and MEV bot protection, Multipool sets a new standard in DeFi trading. Experience unparalleled efficiency and security in your trading journey with Multipool – The DEX with CEX appeal.
https://www.multipool.finance/
Public Relations Manager
Angie Hermosa
Multipool
press@multipool.finance
Venture capital is a form of private equity financing that provides funding to startups and small businesses with long-term growth potential in exchange for equity, or ownership stake.
A decentralized exchange (DEX) is a cryptocurrency exchange that operates without a central authority, allowing users to trade directly with one another through an automated process.
Liquidity bootstrapping is a method used to create initial liquidity for a new token or asset by incentivizing early participants to provide liquidity in exchange for rewards.
Digital assets are any assets that exist in a digital form, including cryptocurrencies, tokens, and digital representations of real-world assets.
Blockchain technology is a decentralized digital ledger that records transactions across many computers in a way that ensures the security and transparency of the data.
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