According to FinSMEs, KTX.Finance, a Singapore-based decentralized derivatives trading platform for the BNB Chain ecosystem, has completed a $4 million seed round of financing led by Hashed, with participation from AlphaLab Capital, CRIT Ventures, 100&100 Ventures, Trinito Corporation/Morpheus, GSG Asset and Sky9 Capital. The new funds will be used to expand operations and business scope.
KTX.Finance is an on-chain decentralized derivatives trading protocol operated by Alphamesh and incubated by ByteTrade Lab, a Singapore-based Web3 infrastructure and venture investor.