UXLINK Secures New Round of Funding from SevenX Ventures, INCE Capital , and
HashKey Capital


EQS Newswire / 13/05/2024 / 10:00 CET/CEST

   
   SINGAPORE - Media OutReach Newswire - 13 May 2024 - UXLINK, the
   leading Web3 social infrastructure, has just unveiled a
   significant milestone in its journey with a new round of funding,
   arriving in under three months from its previous round.
   Spearheaded by SevenX Ventures, INCE Capital, and HashKey
   Capital, this round attracted multiple investors, consolidating
   UXLINK's position as an industry frontrunner. Surpassing the $5
   million mark, this latest financing effort propels UXLINK's total
   funding beyond $15 million. Notably, support has poured in from
   esteemed organizations and notable figures hailing from Europe,
   the United States, Asia, and the Middle East.
   (490352-Image-9-png-550x.png)
   UXLINK is a Web3 social platform and infrastructure based on
   "acquaintance social relationship" and groups, with more than 5.5
   million registered users, more than 1 million daily users and
   more than 100,000 groups. According to the person in charge of
   the UXLINK community, the new financing is mainly used for the
   development of ecological and post-TGE products, to better
   support the issuance, distribution and trading of socialized
   assets. Currently, UXLINK DAPP and agreement revenues are
   steadily increasing and cash flow is good.
   Jon, founding partner of SevenX Ventures, said, "We are
   optimistic about UXLINK's ability to become a key hub linking
   Web3 infrastructure and application scenarios through the asset
   distribution and trading capabilities birthed by socialization."
   Rui, HashKey Capital's head of investment for the program, said,
   "Through private domain socialization, acquaintance pulling and
   Telegram group chat propagation mode, UXLINK has quickly become
   one of the blockchain social platforms with the highest user
   activity at this stage, and the team is looking forward to
   providing more Web3-native assets and on-chain products to this
   group of users, driving Web3 application's Mass Adoption."
   Alex Yan, Executive Director of INCE Capital, said,
   "Socialization is a basic need for everyone, and it is also a
   must for Web3 to move towards Mass Adoption. UXLINK leverages the
   acquaintance relationship chain and social communication
   mechanism to build a new set of Social Infrastructure, allowing
   the creation of large user volume, high density connections, and
   diverse interactions of the new generation of web3 social
   products becomes possible."
   Hashtag: #UXLINK

   The issuer is solely responsible for the content of this
   announcement.

About UXLINK

   UXLINK is the largest web3 social platform and infrastructure for
   users and developers to discover, distribute, and trade crypto
   assets in unique socialized and group-based manners.
   - Gained over 5 million users, with 1M on-chain/off-chain daily
   active and 200K on-chain daily active users.
   - Organized user traffic and interactions by 100K+ web3-powered
   groups
   Mint UXLINK NFT: https://dapp.uxlink.io/uxnft
   Contact Details:
   UXLINK Web: https://www.uxlink.io/
   UXLINK Twitter : https://twitter.com/UXLINKofficial
   UXLINK Telegram: https://t.me/uxlinkofficial
   News Source: UXLINK

   13/05/2024 Dissemination of a Financial Press Release,
   transmitted by EQS News.
   The issuer is solely responsible for the content of this
   announcement.

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