BSX Exchange has completed a $6.20 million financing and is expected to launch the BSX token in November/December.
Powered by ChatGPTDeepTechFlow News: BSX Exchange, a DeFi derivatives protocol built on the Ethereum Layer 2 network Base, announced the completion of a $6.20 million financing round, including a $2.20 million seed pre-round and a $4 million seed round. The seed round was led by Blockchain Capital, with investors including Bankless Ventures, No Limit Holdings, Cadenza Ventures, Breed VC, and Arthur Hayes' family office Maelstrom.
Since its launch in April this year, BSX has facilitated over $4 billion in trading volume, with recent revenue surpassing $1 million.
BSX plans to launch a spot aggregator next month and introduce yield and staking products in the coming months. The project is expected to launch the BSX token in November or December this year for on-chain governance and value transfer. The core team of BSX is mainly located in Vietnam, with 12 full-time employees currently and recruiting for engineering and growth-related positions.