MEXC Ventures announces strategic investment in the decentralized trading platform UXUY

ChainCatcher news, MEXC's venture capital fund MEXC Ventures announced a strategic investment in UXUY. It is reported that UXUY is a decentralized multi-chain trading platform based on MPC wallets. The recently released UXUY APP beta version has implemented features such as no mnemonic phrases, seamless cross-chain transactions, and exclusive GasPool credit limits, significantly lowering the usage threshold for DEX.

According to the crypto data platform RootData, UXUY announced the completion of a $3.2 million seed round financing in April this year, with investors including Bixin Venture, WaterDrip Capital, KuCoin Ventures, Pionex, LK Venture, Arcane Group, Daoverse Capital, and Lapin Digital.