Positioning itself as CeDeFi-exchange on the BNB Chain, Unizen has agreed to raise $200 million from Global Emerging Markets (GEM) to develop the ecosystem.
Excited to announce that Unizen has secured $200 Million funding commitment from Global Emerging Markets.
GEM is an alternative investment group focused on emerging markets and has completed over 530 transactions in 70 countries covering 5 continents.https://t.co/oi2iFCB2TH
— Unizen: Smart Exchange Ecosystem (@unizen_io) June 27, 2022
GEM will provide the funds as “capital commitments”: part of the financing will be received immediately, and part after meeting undisclosed criteria.
The platform targets both retail and institutional investors by sourcing and aggregating orders at the best prices on centralized and decentralized exchanges.
The funds will be used to expand the team and product lineup, as well as to accelerate the rollout of the trade-aggregation system.
The Unizen group includes the ZenX Labs incubator. The entity provides technical expertise and assists in compliance. One of its projects involved assisting in the preparation of the funded Dogecoin launch of a SpaceX rocket to the Moon fínансируемого Dogecoin запуска ракеты SpaceX на Луну.
Earlier in May 2022, GEM led an investment round for Kaj Labs, aimed at creating a cross-chain applications platform.
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