- Chainge, a pioneering platform in cross-chain trading, has announced a significant milestone with a combined investment of $13 million from GEM Digital Limited and Alpha Token Capital.
- The investment, comprising $10 million from GEM Digital and $3 million from Alpha Token Capital, underscores the growing confidence in Chainge’s mission to revolutionize the digital asset landscape by providing seamless access to tokens across multiple blockchains.
- “Under the guidance of esteemed board members Najam Kidwai, Mike Lempress, and Dejun Qian, Chainge aims to disrupt the long tail exchange market by empowering users to access any token on any chain,” said a spokesperson for Chainge.
Chainge secures $13 million investment to revolutionize cross-chain trading, backed by GEM Digital and Alpha Token Capital.
Chainge’s Vision for Cross-Chain Trading
Since its inception, Chainge has been committed to breaking down barriers in the digital asset market and providing users with the tools to navigate the complexities of blockchain technology effortlessly. The platform’s full-fledged 2-product suite, available on both mobile and web, is backed by a robust DCRM bridge infrastructure, enabling secure cross-chain transactions across 55 blockchains. To date, Chainge has surpassed $1 billion in cumulative trading volume, demonstrating its strong market presence.
Strategic Investments from GEM Digital and Alpha Token Capital
GEM Digital Limited, based in The Bahamas, is a digital asset investment firm actively sourcing, structuring, and investing in utility tokens listed on over 30 centralized exchanges (CEXs) and decentralized exchanges (DEXs) globally. As part of The Global Emerging Markets Group (GEM), a $3.4 billion alternative investment group, GEM Digital Limited manages diverse investment vehicles focused on emerging markets, providing exposure to various sectors and investment opportunities worldwide.
Alpha Token Capital (ATC), a specialized token fund, is dedicated to bolstering promising token projects already active across various markets. By committing to elevate the intrinsic value of each crypto project, ATC aims to be a reliable strategic partner in fostering project growth. The fund’s notable investments include innovative tokens such as OPUL, Map Protocol, VELA exchange, FRONT Frontier, and Vulcan Forged, showcasing its commitment to supporting the evolution and expansion of the cryptocurrency ecosystem.
Conclusion
The substantial investment from GEM Digital and Alpha Token Capital marks a pivotal moment for Chainge, providing the necessary resources to fuel its growth and further its mission of crafting a future where AI-powered cross-chain trading is efficient, secure, and accessible to all. With this support, Chainge is well-positioned to continue breaking down barriers in the digital asset space and empowering users with the tools they need to navigate the complexities of blockchain technology seamlessly.
