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Radix Tokens (Jersey) Raises $10M In Funding Round Led By DWF Labs, Sets $400M Valuation
Radix Tokens (Jersey), the issuer of the asset-oriented smart contract platform Radix, has raised $10 million in a private funding round led by DWF Labs. The investment gives Radix a $400 million valuation and arrives just in time for the launch of its Babylon mainnet, which will introduce smart contract capability to the platform for the first time.
DWF Labs, a global leader in market making and multi-stage web3 investment, led the funding round, with undisclosed blockchain VCs and angel investors also participating. The investment is a boost for Radix as it seeks to build out its high-throughput DeFi ecosystem.
The Radix platform currently hosts over 50 projects, including dApps for trading, saving, lending, borrowing, gaming, NFTs, and wallets. It is also running a grants program that provides funding and mentorship to six selected teams.
Radixâs Babylon mainnet launch has received support from DWF Labs, with the firmâs managing partner, Andrei Grachev, expressing excitement about the platformâs potential in the asset-oriented smart contract space. Radix Director Andy Jarrett also welcomed the support, calling it âfantastic.â
Backed by ten years of research and development, Radix has a global community of thousands and a network value of over $400 million. Its platform offers a full-stack for web3 without breaking atomic composability. DWF Labs, which trades almost 2,000 pairs with a daily volume that places it among the top five ranking entities trading on the worldâs top 40 exchanges, seeks to invest in and support the founders who want to build the future of web3.
#DWFLabs #Radix #azcoinnews #azcoin #crypto2023
This article was republished from azcoinnews.com
DWF Labs, a global leader in market making and multi-stage web3 investment, led the funding round, with undisclosed blockchain VCs and angel investors also participating. The investment is a boost for Radix as it seeks to build out its high-throughput DeFi ecosystem.
The Radix platform currently hosts over 50 projects, including dApps for trading, saving, lending, borrowing, gaming, NFTs, and wallets. It is also running a grants program that provides funding and mentorship to six selected teams.
Radixâs Babylon mainnet launch has received support from DWF Labs, with the firmâs managing partner, Andrei Grachev, expressing excitement about the platformâs potential in the asset-oriented smart contract space. Radix Director Andy Jarrett also welcomed the support, calling it âfantastic.â
Backed by ten years of research and development, Radix has a global community of thousands and a network value of over $400 million. Its platform offers a full-stack for web3 without breaking atomic composability. DWF Labs, which trades almost 2,000 pairs with a daily volume that places it among the top five ranking entities trading on the worldâs top 40 exchanges, seeks to invest in and support the founders who want to build the future of web3.
#DWFLabs #Radix #azcoinnews #azcoin #crypto2023
This article was republished from azcoinnews.com
⥠#Radix has announced the closure of its $10M $XRD token sale round led by #DWFLabs
Radix, a Layer 1 #blockchain network, has raised $10M through the $ XRD #token sale round at a valuation of $400M. Radix's new #funding round comes nearly two years after it raised $12.7M.
Radix, a Layer 1 #blockchain network, has raised $10M through the $ XRD #token sale round at a valuation of $400M. Radix's new #funding round comes nearly two years after it raised $12.7M.
đ„ #Radix has raised $10 million in a funding round led by #DWFLabs
#blockchain firm Radix Tokens has raised $10 million in a fresh funding ahead of introduction of its Babylon mainnet, which will allow smart contract capability on the Radix network for the first time.
#blockchain firm Radix Tokens has raised $10 million in a fresh funding ahead of introduction of its Babylon mainnet, which will allow smart contract capability on the Radix network for the first time.
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Comparison of little-known cryptocurrencies: Which is better?
1. Radix ($XRD):
âą Scalable next-generation blockchain platform.
âą Unique architecture, high throughput.
âą Focus on DeFi applications and low fees.
2. Secret Network ($SCRT ):
âą Blockchain with a focus on privacy.
âą Private smart contracts and data protection.
âą Applications in DeFi, NFT and web3 applications.
Instructions:
âą Explore technologies and project roadmaps.
âą Assess prospects and growth potential.
âą For DeFi investing, choose Radix (XRD).
âą For confidential applications, select Secret Network (SCRT).
âą Diversify investments across multiple projects.
âą Follow news and updates from development teams.
Radix and Secret Network are promising little-known projects with unique advantages. The choice depends on your preferences and investment goals.
What do you think about these cryptos?
Write in the comments and subscribe, all the best!
#Radix #SecretNetwork
1. Radix ($XRD):
âą Scalable next-generation blockchain platform.
âą Unique architecture, high throughput.
âą Focus on DeFi applications and low fees.
2. Secret Network ($SCRT ):
âą Blockchain with a focus on privacy.
âą Private smart contracts and data protection.
âą Applications in DeFi, NFT and web3 applications.
Instructions:
âą Explore technologies and project roadmaps.
âą Assess prospects and growth potential.
âą For DeFi investing, choose Radix (XRD).
âą For confidential applications, select Secret Network (SCRT).
âą Diversify investments across multiple projects.
âą Follow news and updates from development teams.
Radix and Secret Network are promising little-known projects with unique advantages. The choice depends on your preferences and investment goals.
What do you think about these cryptos?
Write in the comments and subscribe, all the best!
#Radix #SecretNetwork