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ALEX - Seed
Overview Investors Founders Company Profile / Project Introduction
Overview
Funding Date
November 15, 2021
Financing amount
$5.8M
Valuation
--
Category
About ALEX - Seed
ALEX raised $5.80M in a Seed financing round on Nov 15, 2021. The round was backed by White Star Capital, Cultur3 Capital, GBIC (Global Blockchain Innovative Capital) and others. In total, there were 4 investors that participated in the round.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2007 | 33 | [email protected] | ||
| Fund | -- | -- | 13 | [email protected] | ||
| Fund | United States of America | 2017 | 18 | [email protected] | ||
| Corporate | Hong Kong | 2017 | 148 | [email protected] |
Founders & Team
Chiente Hsu
Rachel Yu
Company Profile / Project Introduction
ALEX is building DeFi primitives targeting developers looking to build ecosystem on Bitcoin, enabled by Stacks. As such, it focus on trading, lending and borrowing of crypto assets with Bitcoin as the settlement layer and Stacks as the smart contract layer. At the core of this focus is the automated market making ("AMM") protocol, which allows users to exchange one crypto asset with another trustlessly. The startup is co-founded by two former Wall Street quants, Chiente Hsu and Rachel Yu.
*Fundraising Announcement: Click here
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