Former Binance Execs Bag Whopping $100M for Old Fashion Research -Breaking
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Ex-Binance Execs Grab $100M in Old Fashion Research- Old Fashion Research raised $100 Million in funding for its blockchain-investment company.
- Wemix Capital, JUE Capital and JUE Capital were some of the limited partners that invested in OFR.
- Former Binance executives are the founders of OFR.
Old Fashion Research (OFR) is a multi-strategy, blockchain investment company that raised $100 million in order to create the next generation Web 3.0 decentralized apps (dapps).
OFR shared a press release with CoinQuora announcing that they secured venture funds from key partners within and outside of the cryptocurrency and blockchain industries. Wemix, which is a worldwide gaming platform that Wemade backs, led the investment round.
The Gang Wang family office’s JUE Capital was also one OFR backer behind the venture fund. JUE Capital, the original investor of DiDi, was also responsible for Safepal and Chinese transport companies.
JUE Capital claims that they invested in OFR because of the track record it has and for the experience of its top executives. Notably, OFR was founded by ex-Binance top leaders.
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