Venture capital firms distance themselves from OPNX funding
At least two venture capital firms, Nascent and DRW, have distanced themselves from OPNX.
Earlier today, OPNX clearly Its principal investors included AppWorks, Susquehanna (SIG), DRW, MIAX Group, China Merchant Bank International, Token Bay Capital, Nascent, and Tuwaiq Limited.
According to the exchange, investors “have given us incredible feedback not only on capital, but throughout the process of refining our vision, product offering, tokenomics, legal framework and decision to move to Hong Kong. provided.”
However, DRW is keeping its distance from exchanges. According to a Coindesk report, a company spokesperson clarified that the company has not invested in OPNX.
DRW is a venture capital firm that has invested in crypto projects such as BitFury, BitGo, TRM Labs and Cboe Digital.
Nascent also revealed that it did not participate in OPNX’s funding round.office Added:
“Nascent did not participate in OPNX’s funding round and invested in FLEX tokens in early 2021. ”
Nascent has invested in companies such as Alchemix, Aztec and Alliance DAO.
in the meantimeCryptoSlate We have yet to receive a response from OPNX’s other questionable investor.
After a slow start, trading on the OPNX platform has steadily increased.according to coin gecko According to data, the exchange’s most recent 24-hour spot volume was $79,742, with Bitcoin and Ethereum trading accounting for 91% of this volume.
Post-venture capital firm distancing itself from OPNX funding first appeared on CryptoSlate.