Multipool Boosts Crypto Market with $650k VC Funding Led by NxGen, Launches LBP Coin

(07:21 PM UTC)
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Multipool Announces LBP After Raising $650k in VC Round Led By NxGen

  • Multipool, a leading innovator in the blockchain and cryptocurrency industry, has successfully closed its $650k VC investment round led by NxGen.
  • The company also announced its Fjord Foundry LBP, set to launch on May 21st-23rd.
  • “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,” said Wojciech Kaszycki, a Core Contributor at Multipool.

Multipool, a blockchain innovator, closes a $650k VC round led by NxGen and announces its Fjord Foundry LBP. The company aims to revolutionize the crypto space with its DEX project.

Partnered with Industry Professionals

The Multipool LBP is launching with the support of industry professionals including NxGen, a group of private investors and advisers. These stakeholders provide Multipool with the necessary skillsets and regulatory support to reshape the industry, offering compliance, flawless technological development, and widespread awareness.

The Big Launch

Following the close of the VC round, Multipool will launch their LBP on Fjord Foundry from May 21st – 23rd. This event will allow crypto enthusiasts from all around the world to participate, joining a community of vibrant experts on the cutting edge of crypto tech.

About Multipool

Multipool is a cutting-edge decentralized exchange (DEX) transforming the trading landscape for real-world assets (RWAs) and cryptocurrencies. It 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. Multipool utilizes 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, setting a new standard in DeFi trading.

Conclusion

Multipool’s successful VC round and the upcoming LBP launch mark significant milestones for the company. With the support of industry professionals and a strong community of crypto enthusiasts, Multipool is well-positioned to revolutionize the crypto space with its DEX project.

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Sarah Chen

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