UXLINK announced that it has received a new round of financing led by SEVENX VENTURES, INCE CAPITAL and HASHKEY CAPITAL, with a total amount of over US$5 million, and a total financing of over US$15 million to date. UXLINK is a social platform based on acquaintance social relationships and groups, with more than 5.5 million registered users and more than 1 million daily active users. The new financing will be mainly used for ecological and product development, supporting social asset issuance, distribution and trading. The investment leaders of SEVENX VENTURES, HASHKEY CAPITAL and INCE CAPITAL are optimistic about the development prospects of UXLINK and believe that it will play a key role in WEB3 infrastructure and application scenarios.

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News from TechFlow: Social infrastructure project UXLINK announced a new round of financing led by SevenX Ventures, INCE Capital, and HashKey Capital, with the participation of multiple investors. This round raised over $5 million, bringing UXLINK's total funding to over $15 million, with contributions from top-tier institutions and well-known individuals from Europe, America, Asia, and the Middle East.
UXLINK is a social platform and infrastructure based on "social relationships" and groups. It has over 5.5 million registered users, with over 1 million daily active users and more than 100,000 groups. According to the community manager of UXLINK, the new funding will mainly be used for the development of the ecosystem and product development after the TGE (Token Generation Event), to better support the issuance, distribution, and trading of social assets. Currently, UXLINK's DAPP and protocol revenue are steadily increasing, and the cash flow is healthy.
Jon, founding partner of SevenX Ventures, said, "We are optimistic about the asset issuance and trading capabilities that UXLINK has nurtured through socialization, becoming a key hub linking Web3 infrastructure and application scenarios."
Rui, the investment manager of HashKey Capital, stated, "Through private social networks, friend referrals, and Telegram group chat dissemination, UXLINK has quickly become one of the most active blockchain social platforms. The team looks forward to providing more Web3 native assets and on-chain products to these users, driving the mass adoption of Web3 applications."
Alex Yan, Executive Director of INCE Capital, said, "Social interaction is a basic human need and a necessary path for Web3 to achieve mass adoption. With the help of social relationships and social dissemination mechanisms, UXLINK has built a new Social Infrastructure, making it possible to create a new generation of Web3 social products with a large user base, high-density connections, and diverse interactions."
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UXLINK Completes Over $5 Million in Financing Led by SEVENX VENTURES, INCE CAPITAL, and HASHKEY CAPITAL