Decentralised trading platform UXUY lands $3.2m seed


UXUY, a Singaporean next-gen MPC-based decentralised trading platform, has raised $3.3m in a seed funding round.

The round saw participation from investors such as Bixin Ventures, WaterDrip Capital, KuCoin Ventures, Pionex, LK Ventures, Arcane Group, Daoverse Capital and Lapin Digital.

Through the mnemonic-free and gas-free solutions, UXUY claims it makes it easier for users to get started and conduct cross-chain transactions with a single click.

The company plans to create a comprehensive stablecoin liquidity pool to provide users with a ‘stablecoin-centric’ trading environment and a CEX-like user experience. UXUY supports mainstream public chains, fully leverages the “wallet + transaction” and proactively participates in the building of the “Unclaimed” ecosystem.

UXUY was founded by serial entrepreneurs and backed by industry leading VCs.

UXUY co-founder Jordan said, “We are excited to form strategic partnership with all our investors! Our mission, ultimately, is to build a decentralized Binance, and our vision is to build the entry portal for Web3 to welcome the mass adoption of 1 billion users.”

Helio, a company focused on simplifying the integration of blockchain-native payments, has recently raised $3.3m in a seed funding round.

Helio’s solution provides a secure and convenient way for merchants, dApps, and creators to accept instant crypto payments across multiple blockchains, including Solana, Polygon, and Ethereum. The platform offers built-in content paywalling features that allow creators, such as podcasters, YouTubers, artists, NFT projects, media, or platforms to monetize content in a new way and reach a new audience with watch-to-earn models.

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