BitCoke, a crypto spot & derivatives exchange, on May 12th confirmed that it successfully raised $20 million in a strategic private round in early 2022.
The funds will be primarily used by the centralized exchange to design and develop key features connecting CEX with decentralized exchange (DEX) លក្ខណៈពិសេស។
According to BitCoke’s official blog, the financing deal was reached with a group of investors led by Huobi Exchange, and also included others, such as RedLine DAO, Krypital, LD Capital, AKG, VRM, Mint, WeBlock, 7 Clock, HTR, NFTGO, LTP, Scorpio, Eureka, Hotbit, JL Capital, Pento.
"នៅពេលដែល BitCoke បន្តសម្របខ្លួនទៅនឹងការផ្លាស់ប្តូរគំរូក្នុងការជួញដូរគ្រីបតូ ការវិនិយោគតាមស្ថាប័ននេះនឹងពន្លឿនការអភិវឌ្ឍន៍នៃការផ្លាស់ប្តូរ និងការផ្សព្វផ្សាយនៃសញ្ញាសម្ងាត់ដើម BitCoke ក៏ដូចជាជួយយើងស្វែងយល់ពីការរួមបញ្ចូលគ្នារវាងការផ្លាស់ប្តូរ CEX និង DEX ។"
- Pietro Riccio នាយកប្រតិបត្តិនៃ BitCoke Exchange
Charles, head of Huobi investment arm, stated, “BitCoke is a dedicated exchange that focuses on the derivatives market, and is known for its professional products and friendly user experience. Huobi believes BitCoke is a trusted reliable partner for collaboration.”
BitCoke is regarded as the world’s first Quanto swap crypto exchange, with trader-centric features, i.e. fair matching, fast execution, and low fees.
Its original products, like the Quanto swap, proprietary chart, and fund management system, make the exchange popular among traders, funds, and asset management firms. BitCoke has long ranked in the top 10 by volume at the CoinMarketCap derivative marketplace.
Source: https://www.cryptoninjas.net/2022/05/26/crypto-derivatives-platform-bitcoke-raises-20m-usd-led-by-huobi/