Unizen secures $200M in capital commitment by Global Emerging Markets
- Unizen will use the funds to bolster innovation and expand its team.
- The capital commitment will be used based on performance and achievement of milestones.
- Unizen is a centralized-decentralized (CeDeFi) exchange connecting users to best trade routes on CEX and DEX.
Centralized-decentralized (CeDeFi) exchange, Unizen has secured a $200 million capital commitment from Global Emerging Markets (GEM) as it looks to boost the innovation and adoption within the ecosystem.
Among specific areas of fund utilization will be improvements to the platform’s systems, expansion of the team, and marketing.
According to a press release shared with Invezz on Monday, the funding will be milestone-based and performance-related – ensuring the funds are fully optimized.
Sean Noga, CEO of Unizen said in a statement:
“We are proud to welcome GEM to the Unizen Ecosystem as a potent and strategically aligned growth partner that can support the rapid expansion of the Unizen platform, brand and community,”
Unizen looks to offer its users the best of CeDeFi – with access to the functionality of top centralized exchanges (CEXs) and decentralized exchanges (DEXs) for both retail and institutional investors.
Traders on the platform can tap into fast, low fee and efficient trade routes on some of the biggest CEX and DEX platforms, including industry giant Binance and the popular Uniswap and PancakeSwap.
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