The decentralized exchange KaleidoSwap has completed its Pre-Seed funding round, with participation from Bitfinex Ventures and others

ChainCatcher news, the decentralized exchange KaleidoSwap based on Bitcoin and the Lightning Network has announced the completion of its Pre-Seed funding round, with investments from Bitfinex Ventures and Fulgur Ventures. The specific investment amount has not been disclosed. The new funds will be used to support KaleidoSwap in developing a DEX based on the RGB protocol on the Lightning Network, achieving trustless BTC-USDT trading and expanding Bitcoin DeFi capabilities.