MonoX raise $5M to launch single-token liquidity pools By Cointelegraph
Automated market maker MonoX has today announced a debut capital raise of $5 million from venture firms including the likes of Axia8 Ventures, Animoca Brands, Divergence Ventures, among others.
MonoX intends to use the money for its plans to lower the capital requirements and liquidity requirements of decentralized finance projects (DeFi), which offer derivatives on decentralized exchanges. (DEXes)
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