Chainge DAO initiates a new proposal to accept a $13 million investment

ChainCatcher news, the cross-chain liquidity protocol Chainge Finance has initiated a proposal on Snapshot to secure a capital investment of $13 million.

According to the proposal information, Chainge Finance will receive funding from a well-known investment institution, although the specific name has not yet been disclosed. This investment deal will bring 50 million XCHNG tokens into circulation, which is approximately 10% of the current circulating supply. The new funds will be used for global expansion and increasing visibility, by recruiting top talent to integrate artificial intelligence with cutting-edge technology, positioning Chainge as a leader in AI crypto innovation, thereby achieving technological development.