Chainge Finance Powers Up with $13 Million Funding for Expanded Cross-Chain Capabilities
CryptoNewsTerminal Staff27 May, 2024
Chainge Finance Powers Up with $13 Million Funding for Expanded Cross-Chain Capabilities
Chainge Finance, a decentralized exchange (DEX) aggregator, has secured $13 million in funding to further enhance its cross-chain trading capabilities. The latest round was led by GEM Digital, which contributed $10 million. Alpha Token Capital added $3 million to the total. The raised funds will be used to drive the development of Chainge Finance's artificial intelligence (AI)-powered cross-chain trading features. This will provide traders with access to a wider array of liquidity sources and better execution prices across multiple blockchains. This funding round follows a period of rapid growth for Chainge Finance. The platform has seen a surge in users and trading volume as the decentralized finance (DeFi) market matures. With this latest injection of capital, Chainge Finance is poised to become a major player in the cross-chain trading space. The platform's AI-powered technology will help to make cross-chain trading faster, cheaper, and more efficient.
