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.
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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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