ZKEX.com, the industry’s first multi-chain Super DEX, has raised $2.5 million in its latest funding round. The funds will support the launch of new services, including a fiat on-ramp, mobile app, and Telegram bot, enhancing the platform’s trading capabilities.
Points
- ZKEX.com raised $2.5 million in a seed funding round.
- The platform offers multi-chain Convert, Spot, Derivatives, and cross-chain Bridging.
- New services include a fiat on-ramp, mobile app, and Telegram bot.
- ZKEX.com aims to provide a CEX-like experience while maintaining self-custody and decentralization principles.
ZKEX.com, the industry’s first multi-chain Super DEX, has successfully raised $2.5 million in its latest seed funding round. This funding round saw participation from prominent investors such as Fenbushi Capital, KXVC, and RockTree Capital. The funds will support ZKEX.com’s ambitious roadmap to launch new services, including a fiat on-ramp service, a mobile app, and a Telegram bot, all set to roll out in the upcoming quarter.
ZKEX.com stands out by offering crypto traders the functionality of a centralized exchange （CEX） while maintaining the principles of self-custody and decentralization. The platform supports multi-chain Convert, Spot, Derivatives, and cross-chain Bridging, enabling users to trade native assets on any blockchain directly from their self-custodial wallets. This eliminates the need to hand over token custody to the exchange, enhancing security and user control.
The protocol addresses the issue of liquidity fragmentation across different blockchains by using zero-knowledge technology to create a secure, unified trading layer. This innovative approach ensures that users can enjoy a seamless trading experience without compromising on security or decentralization.
The recent funding round featured contributions from a range of investors, including Fenbushi Capital, KXVC, RockTree Capital, NGC Ventures, L2 Iterative Ventures, Crypto.com Capital, IDG Blockchain, Whale Ground, Moonhill Capital, Blocklabs Capital, Optic Capital, Hyperithm Group, and G20 Group. This diverse investor base underscores the strong market confidence in ZKEX.com’s vision and potential.
According to Balal Khan, co-founder of ZKEX.com, the platform is dedicated to making multi-chain trading simple, fast, and affordable. By offering a similar experience to a CEX without compromising on self-custody and decentralization, ZKEX.com aims to attract both retail and institutional investors. Users can onboard from any network and start trading with native assets in under a minute. The platform’s capabilities include using USDT on zkSync to spot buy ETH, short sell it with a perpetual contract, close both positions as limit orders, and withdraw profits as USDC on Base.
Security remains a top priority for ZKEX.com, especially in light of over 150 major hacks involving cross-chain bridges and exchanges in the past two years, leading to billions in lost or stolen crypto assets. ZKEX.com’s use of zero-knowledge proofs and its aggregated Layer 3 （L3） built on zkLink, LayerZero, and Polyhedra guarantee the security of deposits, withdrawals, and transactions across chains, achieving settlement speeds of up to 1000 transactions per second.
解説
- Innovative Trading Solutions: ZKEX.com’s approach to providing a CEX-like experience with the benefits of decentralization and self-custody is groundbreaking. This model offers a balance between usability and security, making it attractive to a wide range of users.
- Investor Confidence: The successful $2.5 million funding round reflects strong market confidence in ZKEX.com’s potential. The participation of prominent investors highlights the platform’s promising future.
- Enhanced Security: The use of zero-knowledge technology and an aggregated Layer 3 infrastructure ensures robust security for users. This is particularly important given the high number of hacks in the crypto space.
- Comprehensive Features: ZKEX.com’s extensive range of features, including multi-chain Convert, Spot, Derivatives, and cross-chain Bridging, positions it as a versatile platform for traders. The upcoming fiat on-ramp, mobile app, and Telegram bot will further enhance its capabilities.
- Market Potential: As the crypto market continues to grow, platforms like ZKEX.com that offer innovative, secure, and user-friendly solutions are well-positioned to capitalize on this expansion. The focus on multi-chain trading and self-custody addresses key pain points for traders and investors.