It is reported that the eagerly anticipated Web3 smart market maker exchange, Ubit, has successfully completed its Series A funding round, amassing a total of $20 million. This funding round was led by ETORO GROUP, with venture capital firms such as Blockchain Capital, BlackRock, and Crystal Capital also participating.
Ubit is not only a top-tier team-built Web3.0 market maker derivatives exchange but also a terminal hub that opens up Web3 to real-world interactions. With a nearly 200-person tech development team in Dubai and the UK, this round of funding will provide significant strategic support to the platform, further consolidating its important position in the Web3 trading platform domain.
Ubit has a clear development plan. After the funding, it will first accelerate the development of the exchange ecosystem, aiming to create a more engaging social trading experience. Moreover, the platform plans to launch stock trading in the second quarter of this year, offering a broader application scenario for its diverse ecosystem users, while providing a more stable and secure asset trading environment. Additionally, the project plans to announce more anticipated features and services in the future timeline, indicating a leading Web3 exchange offering equal rights to token and stock ownership, integrating tokens into daily life.
Throughout the ecosystem construction process, Ubit will fully leverage this funding to push forward its technology development, team expansion, and global promotion. These measures will position Ubit as a significant builder in the Web3 domain, leading the industry’s development trends. Let us look forward to Ubit bringing a new era where everyone can be a market maker!
Release city: Singapore
Company website: https://www.ubit.cash/
Contact person’s English name: vv
Email: [email protected]
Company name: UBIT TECHNOLOGY TRADING LIMITED
COMTEX_450071997/2891/2024-03-30T05:06:15
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