Cross-rollup order book DEX Zada Finance has completed a new round of financing, with participation from Cryptia Capital and others
Scroll-based Cross-rollup order book DEX Zada Finance has announced the completion of a new round of financing. Investors include Cryptia Capital, NovaSeed Ventures, Pulse Capital, Axium Partners, Digitata Capital, Hivemind Ventures and others. The specific amount and valuation information have not been disclosed yet. The new funds will drive its transition from AMM DEX to an order book model while also exploring Layer3 solutions and account abstraction to improve user experience. It aims to aggregate liquidity between different Rollups by solving fragmentation issues through cross-Rollup solutions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
An investor who earned a 20-fold return on MSTR lost nearly $350,000
Aevo: Plans to suspend SWELL trading for 30 minutes on October 20th