PANews reported on October 10 that according to CoinDesk, Apex Fusion completed its first private token sale of $6 million. Apex Fusion is a federated multi-chain Layer-1 network that aims to provide a seamless experience for future blockchain developers by combining UTXO and EVM transaction execution methods. The network consists of Prime, Nexus, and Vector chains, providing native cross-chain bridges, interoperability protocols, and developer tools. Apex Fusion's valuation has reached $180 million, and the team said the funds raised will be used for marketing and further development of the network.