Dubai, UAE, January twenty ninth, 2025, Chainwire
Freedx, a newly launched cryptocurrency alternate, at the moment introduced the completion of its $50 million funding spherical.
Freedx has secured regulatory permissions in Panama and a BTC license in El Salvador, representing preliminary steps towards increasing its compliance efforts globally.
The funding displays investor confidence in Freedx’s strategy to providing a platform designed with a deal with readability, simplicity, and superior buying and selling instruments.
With an emphasis on intuitive design and strong safety features, Freedx goals to fill a significant hole available in the market by combining superior capabilities—akin to optimized order routing, real-time analytics, and frictionless execution—with a smooth, user-friendly interface.
Based by a group of business veterans drawn from high monetary and crypto establishments akin to Binance, Deutsche Financial institution, Upbit, eToro, and extra, Freedx brings collectively a powerhouse management unit with many years of expertise spanning buying and selling, know-how, and danger administration.
Since its inception, the Freedx group has grown to almost 100 members devoted to constructing a clear, environment friendly, and safe buying and selling atmosphere.
“At Freedx, we consider that buying and selling ought to be as seamless and clear as attainable,” mentioned Jonathan Farnell, CEO, Freedx.
“This fundraise validates our imaginative and prescient to construct a platform that prioritizes merchants’ wants above all else. We’re thrilled concerning the alternative to proceed creating improvements that empower our neighborhood and drive the business ahead.”
The USD 50 million fundraise will allow Freedx to speed up platform enhancements, broaden international attain, and strengthen its buyer help capabilities.
Early adopters can enroll here and anticipate ongoing platform updates, new asset listings, and a collection of professional-grade buying and selling instruments designed to boost the decision-making course of.
Key Freedx Options:
- Dealer-First Design: Constructed by lively market members, Freedx’s interface integrates superior instruments with out sacrificing simplicity.
- Business-Main Safety: Proprietary safety protocols and multi-factor authentication guarantee consumer belongings and knowledge stay safeguarded.
- Speedy Efficiency: Excessive-speed order matching engine and optimized infrastructure ship speedy commerce execution with minimal latency.
Freedx is getting ready for its Beta Launch on the finish of Q1 2025, throughout which customers may have a possibility to discover its platform and options, together with superior buying and selling instruments, and unique giveaways.
By taking part within the Beta, customers may have the distinctive alternative to affect Freedx’s ongoing growth and form the way forward for a platform constructed by merchants, for merchants.
Freedx goals to foster belief and transparency by adhering to compliance requirements.
As a part of its development technique, the corporate will proceed forging partnerships with institutional buyers, blockchain innovators, and acknowledged regulators.
About Freedx
Freedx is a next-generation cryptocurrency alternate designed by merchants, for merchants. Guided by a user-centric philosophy, Freedx combines professional-grade buying and selling know-how with a smooth, intuitive interface, empowering a broad spectrum of customers to commerce confidently within the quickly evolving digital asset panorama.
To be taught extra about Freedx, customers can go to www.freedx.com, or comply with Freedx on social media or their blog.
Media Contact
For media inquiries or to succeed in the group, customers could contact [email protected].
Contact
Head of Advertising and marketing
Rahil Bhagat
Freedx
[email protected]
