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Cross-rollup order book DEX Zada Finance completes a new round of financing, with participation from Cryptia Capital, among others.

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Odaily
307Words
Sep 10, 2024

Odaily Planet Daily News Zada Finance, a Cross-rollup order book DEX built on Scroll, has announced the completion of a new round of financing. Investors include Cryptia Capital, NovaSeed Ventures, Pulse Capital, Axium Partners, Digitata Capital, Hivemind Ventures, among others. The specific amount and valuation have not been disclosed yet. The new funds will drive its transition from an AMM DEX to an order book model. Additionally, Zada Finance will explore Layer3 solutions and account abstractions to enhance user experience, aiming to aggregate liquidity between different Rollups and address fragmentation issues through cross-rollup solutions.

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