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Defx completes a US$2.5 million seed round of financing, with Pantera Capital and others participating

Online reports that Layer 1 blockchain project Defx has completed a US$2.5 million seed round of financing, with Pantera Capital, CMT Digital, gumi Cryptos Capital (gCC), Baboon VC, CoinShares Ventures, Robot Ventures and Polygon co-founder Sandeep Nailwal participating. The new funds are intended to support it in building a decentralized exchange that optimizes perpetual contract trading.

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