{"id":35962,"date":"2021-02-06T10:30:40","date_gmt":"2021-02-06T08:30:40","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=35962"},"modified":"2025-08-29T03:54:34","modified_gmt":"2025-08-29T00:54:34","slug":"0x-project-raises-15-million-in-series-a","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/0x-project-raises-15-million-in-series-a\/","title":{"rendered":"0x Project raises $15 million in Series A"},"content":{"rendered":"<p>0x Labs, specializing in infrastructure solutions for decentralized exchanges (DEXs), raised $15 million in a Series A funding round.<!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">0x Labs has raised $15M in Series A financing to accelerate the growth of decentralized exchange markets on a global scale.<\/p>\n<p>Read the full announcement here: <a href=\"https:\/\/t.co\/ECwesxPPK3\">https:\/\/t.co\/ECwesxPPK3<\/a><\/p>\n<p>Here\u2019s to the year of the 0x \ud83d\udc02 and beyond!<\/p>\n<p>\u2014 0x \ud83c\udf75 (@0xProject) <a href=\"https:\/\/twitter.com\/0xProject\/status\/1357735754936373251?ref_src=twsrc%5Etfw\">February 5, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The round was led by venture firm Pantera Capital. Also participating were Jump Capital, Coinbase Ventures, Blockchain.com Ventures, Nima Capital, IOSG, DeFi Alliance and other market players, including \u201coperators, market makers and developers in the DeFi space\u201d.<\/p>\n<p>The funds will be used to develop the liquidity-aggregation platform with the Ethereum-based exchange Matcha, whose launch took place last summer.<\/p>\n<p>According to <a href=\"https:\/\/debank.com\/ranking\/dex\" target=\"_blank\" rel=\"noopener noreferrer\">DeBank<\/a>, the Matcha platform ranks fifth by trading volume among DEXs, behind Uniswap, SushiSwap, 1inch and Curve.<\/p>\n<p>Following the news of the investment in 0x Labs, the project\u2019s token price jumped from around $0.80 to $2 and stabilised around $1.40.<\/p>\n<div id=\"attachment_124175\" style=\"width: 1246px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-124175\" class=\"wp-image-124175 size-full\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/zrx.png\" alt=\"0x project raises $15 million\" width=\"1236\" height=\"809\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/zrx.png 1236w, https:\/\/forklog.com\/wp-content\/uploads\/zrx-300x196.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/zrx-1024x670.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/zrx-768x503.png 768w\" sizes=\"auto, (max-width: 1236px) 100vw, 1236px\" \/><\/p>\n<p id=\"caption-attachment-124175\" class=\"wp-caption-text\">Four-hour ZRX\/USD Coinbase chart from TradingView.<\/p>\n<\/div>\n<p>In late January, the 0x <a href=\"https:\/\/forklog.com\/en\/news\/0x-team-unveils-new-protocol-version-with-lower-gas-costs\">introduced<\/a> a new version of the protocol with lower gas costs and an intelligent order-routing algorithm.<\/p>\n<p>Subscribe to ForkLog&#8217;s channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>0x Labs, specializing in infrastructure solutions for decentralized exchanges (DEXs), raised $15 million in a Series A funding round.<\/p>\n","protected":false},"author":1,"featured_media":35963,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[892,787,2097,1133],"class_list":["post-35962","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-0x","tag-dex","tag-matcha","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/35962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=35962"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/35962\/revisions"}],"predecessor-version":[{"id":35964,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/35962\/revisions\/35964"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/35963"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=35962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=35962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=35962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}