Part of the funds will be used to launch the main network, which will take place before the end of 2021

​The zkLink exchange has raised funding of $8,5 million

25.10.2021 - 08:45

488

1 min

What's new? The official Twitter account of the decentralized exchange zkLink has published a post about the successful completion of the funding round and the attraction of $8,5 million of investments.

Who was involved? The round was led by Republic Crypto, among other major players were: Arrington Capital, DeFi Alliance, Huobi Ventures, Ascensive Assets, Morningstar Ventures, GSR and Marshland Capital.

What will the funds be used for? The funding will be used to expand the exchange's staff, to add new functionality and to launch the main network. After that, the team will focus on integrating new blockchains, as well as implementing profitable farming and staking opportunities on its own decentralized platform.

Subscribe to Getblock Magazine and stay up to date with the latest news from the world of cryptocurrencies and the digital economy