Bitcoin DeFi developer ALEX completes US$10 million in strategic financing, led by Spartan Capital
PANews reported on March 26 that Bitcoin DeFi developer Automated Liquidity Exchange (ALEX) announced that it had successfully completed $10 million in strategic financing. This round of financing was led by Spartan Capital, with participation from CMS Holdings, DACM, DWF Labs, Foresight Ventures, G-20 Group, Ouroboros Capital, Summer Capital, Cultur3 Capital and EVG. ALEX plans to use the funds to continue developing its Bitcoin-specific decentralized finance layer on Stacks, the second layer of the Bitcoin network.
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