DeFi developer ALEX completes $10 million strategic financing
2024-03-26 21:19:16
Automated Liquidity Exchange (ALEX), a company that develops Bitcoin's financial layer, announced on Tuesday that it has raised $10 million in strategic funds. Spartan Capital leads the investment in this round of financing, with other participants including CMS Holdings, DACM, DWF Labs, Foresight Ventures, G-20 Group, Europoros Capital, Summer Capital, Cultur3 Capital, and EVG. The company spokesperson told The Block that ALEX's board of directors will remain unchanged after this round of financing.
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