According to Foresight News, Crypto Valley Exchange (CVEX), part of the Arbitrum ecosystem, has successfully raised $7 million in funding. The financing round was led by Fabric Ventures and Kyber Capital Crypto Fund, with participation from AMDAX, Wave Digital, Funfair Ventures, Seier Capital Family Office, Five T Group, and Saxon. The funds will be utilized to launch its decentralized exchange (DEX) mainnet this summer.
