According to TechFlow, Bondex, which bills itself as a web3 competitor of LinkedIn, announced that it has completed US$4 million in financing, with participation from Animoca Brands, Morningstar, Dext Force Ventures, iAngels and others. Together with the more than US$6.5 million raised from the "community sale on CoinList in March 2024", it has completed more than US$10 million in financing.

The company said the Bondex platform is powered by its BDXN token. Referrals on the Bondex platform will receive a threshold referral reward of up to $10,000 in USD or tokens if they are successfully hired by a recruiter.

Their goal is to become a gamified version of the professional social network LinkedIn. Bondex said most of the funds will be used to improve the platform and replace traditional professional social networking sites.