According to Odaily, Multipool, a decentralized trading platform, has successfully raised $600,000 in a new round of funding. The investment round was led by NxGen. The platform is primarily focused on cryptocurrencies related to real-world assets. Its aim is to provide traders with a fair and equal trading environment under compliant and innovative functions.
The project has already planned to launch the Fjord Foundry LBP from May 21-23. This move is part of Multipool's ongoing efforts to enhance its services and expand its reach in the cryptocurrency market. The funding will likely be used to further develop the platform's features and capabilities, ensuring that it continues to meet the needs of its users.
Multipool's commitment to providing a fair and equal trading environment is a key part of its appeal to investors. By focusing on cryptocurrencies related to real-world assets, the platform is able to offer a unique service that sets it apart from other trading platforms. The successful funding round is a testament to the confidence investors have in Multipool's vision and strategy.