TLDR:
- Uxlink, a Web3 social platform in Singapore, received an investment from OKX Ventures along with other venture capital firms.
- The amount of the deal was not disclosed, and the funds will be used to expand operations and development efforts.
Uxlink, a Singapore-based Web3 social platform, has received an investment from OKX Ventures, a move that is expected to accelerate the platform’s growth and development efforts. Along with OKX Ventures, Uxlink has also secured investments from other notable venture capital firms such as ZhenFund, HongShan, and MatrixPort Ventures.
The specific amount of the investment was not disclosed, but the company has stated that the funds will be utilized to expand operations and further develop its platform. Uxlink aims to facilitate mass adoption through its Web3 gateway, social DEX, and infrastructure, which enable users to connect in real-world relationships through decentralized applications.
As a platform operating in the Web3 space, Uxlink empowers users to create social assets and engage in social trading, thus facilitating the transition from Web2 to Web3. With over 3.5 million registered users onboarded to date, Uxlink is poised for further growth and expansion in the evolving Web3 landscape.
