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ALEX - Strategic
Overview
Funding Date
December 20, 2023
Financing amount
--
Valuation
--
Catagory
About ALEX - Strategic
ALEX Labs has received strategic investment from LK Venture, a subsidiary of Blueport Interactive, through the Bitcoin network ecosystem investment management fund BTC NEXT.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | China | 2017 | 25 | -- |
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.