UXUY Secures $7 Million in PRE-A Funding Round Led by BINANCE LABS and Others

UXUY, a next-generation decentralized multi-chain trading platform incubated by BINANCE LABS, has announced the completion of its $7 million PRE-A round of financing. The round saw participation from notable institutions across Asia, North America, and Europe, including BINANCE LABS, UTXO MANAGEMENT (BITCOIN MAGAZINE), JDI VENTURES, BIXIN VENTURES, SWC GLOBAL, MATRIX PARTNERS, CMSHOLDINGS, DEWHALES CAPITAL, COMMA3 VENTURES, SATOSHI LABS, YBB CAPITAL, GBV CAPITAL, WEB3 VISION, PENTOS VENTURES, NGC VENTURES, ALTI5, METALPHA, GSR, and others. The funds raised will be used for the construction of Bitcoin ecosystem infrastructure, focusing on facilitating efficient and low-cost transactions for lightning network TAPROOT ASSETS, ORDINALS BRC-20, RUNES, and other assets. Since its inception, UXUY has raised over $10 million in total financing and has become a significant builder in the Bitcoin ecosystem, serving over 100,000 traders through its Bitcoin lightning network services.