MonoX raise $5M to launch single-token liquidity pools By Cointelegraph

MonoX raises $ 5 million to launch single-token liquidity pools

Automated market maker MonoX today announced an initial $ 5 million capital increase from venture capitalists including Axia8 Ventures, Animoca Brands, Divergence Ventures, among others.

MonoX will use the funds to support its ambitions to reduce capital and liquidity prerequisites for Decentralized Finance (DeFi) projects offering swap, lending, borrowing and derivative capabilities on Decentralized Exchanges (DEX).

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