Bitcoin-powered DEX Alex raises $2.5M investment


Trust Machines, Gossamer Capital and other investors have invested $2.5 million in the development of the Alex decentralized exchange based on the first cryptocurrency.

“Bitcoin is now being watched more than any other blockchain due to what is happening with NFT based on it and thanks to the hype around the potential for use. [цифрового золота]”, said Munib Ali, co-founder of Trust Machines.

The project team will use the funds raised to develop the ecosystem and expand the user community.

“Bitcoin is unique in its decentralization and immutability. It is unmatched in performance history, uptime, market capitalization, and recognition as a store of value.”

For use platforms Hiro Wallet browser wallet required. In addition to the decentralized exchange of funds, Alex also provides opportunities for profitable farming.

Recall that the Rollkit project presented the infrastructure for deploying rollups in bitcoin.

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