You're contacting media contact of this press release

Title: TurboDEX Secures $20 Million in Seed Funding to Propel the TurboX Token (TBX) and Expand Trading Platform

United Kingdom, 30th Apr 2024, King NewsWire - We have observed a dynamic trend in cryptocurrency fundraising over the past two years, where we saw a historic high in April 2022 with $7.12 billion raised, the market has since experienced fluctuations and went down significantly. Despite these market conditions, TurboDEX's successful fundraising effort underscores the confidence investors have in quality DeFi projects.                                             Source: CryptoRank Fundraising Analytics DashboardTurboDEX stands out by securing a remarkable $20 million in Seed Funding. This achievement comes at a time when investments in the sector are cautious, and yet, the promise of decentralized finance (DeFi) continues to captivate venture capital interest. This significant financial injection will accelerate the development and deployment of the TurboX Token ($TBX), further enhancing the platform's capabilities and reinforcing its market position.The investment round attracted participation from many major venture capital firms which include: Quadrat Capital, Midana Capital, Naver Financial and many more. Their involvement underscores a strong confidence in TurboDEX's strategic vision and its commitment to reshaping the financial trading landscape.Having laid a robust foundation with a versatile decentralized trading infrastructure, seamlessly integrating multiple exchanges to ensure liquidity, and rolling out a suite of advanced trading features and tools, TurboDEX has demonstrated an unwavering commitment to innovation and security. The successful beta launch of the platform, featuring sophisticated trading bots and the introduction of an NFT collectio...

This press release is issued by King Newswire

Email Information