In a significant move for its decentralized futures trading platform, OXFUN has successfully raised $4 million in a new funding round. With Foresight Ventures at the lead, alongside eminent investors such as DoublePeak Group and Emchain, OXFUN is set to invest in product enhancement, team growth, and market penetration. This capital boost marks OXFUN’s commitment to refining the cryptocurrency trading landscape.
Investment Fuels Platform Advancements
The fresh funding will be channeled towards the advancement of the platform’s offerings, recruitment of industry talent, and entry into previously untapped markets. OXFUN’s objective is to create a more profitable and enjoyable crypto trading experience, thereby attracting a wider investor base to its platform. The platform’s dual-token model, featuring OX and MILK tokens, has already resonated within the crypto community, offering unique earning opportunities such as high-interest returns on daily trades and leadership contests.
Future Growth and Copy Trading Introduction
Boasting over 1.5 billion OX in deposits and a trading volume surpassing 20 billion OX, OXFUN is preparing to launch copy trading vaults and additional passive income streams. These introductions are anticipated to rapidly propel OXFUN’s growth trajectory, solidifying its position in the competitive crypto trading industry.
With this $4 million investment, OXFUN is well-equipped to face competition in the decentralized trading platform arena. The strategic employment of these funds in platform innovation and workforce expansion is poised to ensure the project’s longevity and success.
Current valuation of the platform’s native token, OX coin, stands at $0.0119, with a total market value of $109 million, reflecting growing investor confidence in OXFUN’s future.