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usdx.money - Undisclosed
Overview
Funding Date
November 30, 2024
Financing amount
$45M
Valuation
$275M
Catagory
Subcategory
About usdx.money - Undisclosed
usdx.money has secured $45M in funding at $275 million valuation! Investors for this round include NGC, BAI Capital, Generative Ventures, UOB Venture Management, with portion of the investments made in the form of warrants. The pre-existing investors are Dragonfly Capital and Jeneration Capital.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Singapore | 2017 | 196 | andrea@ngc.fund | ||
| Fund | China | 2008 | 6 | -- | ||
| Fund | United States of America | 2013 | 9 | -- | ||
| Fund | Singapore | -- | 40 | -- | ||
| Fund | United States of America | 2018 | 130 | info@dragonflycapitalpartners.com | ||
| Fund | China | 2015 | 2 | -- |
Company Profile / Project Introduction
USDX is a synthetic USD stablecoin built for the crypto ecosystem. It offers a crypto-native stablecoin solution that does not rely on traditional banking infrastructure which is censorship-resistant, scalable, and highly stable. Furthermore, it provides a multiple-layer savings tool including funding rate and crypto ecosystem yield accessible worldwide in USD denomination.