The company IntentX has successfully completed a strategic financing round, raising $1.8 million from such investors as Selini Capital, Orbs, Mantle Ecofund, Mirana, Kronos Research, and Manifold Trading. This cryptocurrency startup, engaged in developing an off-exchange market for trading crypto derivatives, emphasized the importance of this round for establishing connections with leading market makers and highlighted the participation of four highly authoritative active market makers among the investors.
In the company's statement, it is mentioned the critical importance of the investment round for establishing compliance and strong relationships with top market makers, which is pivotal for further development. IntentX aims to create the "most advanced" decentralized exchange using strategic partnerships, innovative technologies, and a world-class team.
This financing round follows a seed round in November 2023, where the company raised $2.5 million under the guidance of the Magnus Capital fund, demonstrating sustained investor interest and confidence in the project's development and its potential in the realm of cryptocurrencies.
