UXLINK has received a new round of financing led by SEVENX VENTURES, INCE CAPITAL and HASHKEY CAPITAL, with an amount of over US$5 million and a total financing amount of over US$15 million. This is the second round of financing less than 3 months after the last round of financing, which attracted many investors. UXLINK is a social platform based on acquaintance social relationships and groups, with more than 5.5 million registered users, more than 1 million daily active users, and more than 100,000 groups. The new financing will be mainly used for ecological and post-TGE product development, supporting social asset issuance, distribution and trading. The heads of SEVENX VENTURES, HASHKEY CAPITAL and INCE CAPITAL are optimistic about UXLINK's social asset issuance and trading capabilities, and believe that it can become a key hub connecting WEB3 infrastructure and application scenarios.

Source: Official Press Release Less than 3 months after the last round of financing, the social infrastructure project UXLINK announced that it has received a new round of financing led by SevenX Ventures, INCE Capital and HashKey Capital, and introduced multiple investors. This round of financing has raised more than 5 million US dollars, and UXLINK has raised more than 15 million US dollars so far, covering many first-line institutions and well-known individuals from Europe, America, Asia and the Middle East. UXLINK is a social platform and infrastructure based on "acquaintance social relationships" and groups, with more than 5.5 million registered users, more than 1 million daily active users, and more than 100,000 groups. According to the head of the UXLINK community, the new funds will be mainly used for the development of ecology and post-TGE products to better support the issuance, distribution and trading of social assets. At present, UXLINK DAPP and protocol revenues are steadily increasing, and cash flow is good. Jon, founding partner of SevenX Ventures, said, "We are optimistic about UXLINK's asset issuance and trading capabilities nurtured through social means, and it will become a key hub connecting Web3 infrastructure and application scenarios." Rui, investment director of the project at HashKey Capital, said, "Through private domain social networking, acquaintances attracting new members, and Telegram group chat communication models, UXLINK has quickly become one of the blockchain social platforms with the highest user activity at this stage. The team looks forward to providing more Web3 native assets and on-chain products to this group of users to drive the mass adoption of Web3 applications." Alex Yan, executive director of INCE Capital, said, "Socialization is everyone's basic need and is also the only way for Web3 to move towards large-scale application. UXLINK has built a new set of Social Infrastructure with the help of acquaintance relationship chains and social communication mechanisms, making it possible to create a new generation of web3 social products with large user volumes, high-density connections, and diverse interactions."

UXLINK Completes New Round of Financing of Over US$5 Million, Led by SEVENX VENTURES, INCE CAPITAL and HASHKEY CAPITAL