OrangeX has successfully closed a 20 million USD Series B funding round, with Kryptos leading the investment alongside SCI Ventures. This follows a previous 10 million USD Series A funding round from September 2023, which also featured Kryptos as a principal investor.
The newly acquired funds will be utilized to improve OrangeX’s core infrastructure and facilitate market expansion. The exchange offers various trading services, including derivatives trading, spot trading, and one-click copy trading, as well as options for purchasing cryptocurrencies with fiat.
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