AscendEX Technology S.R.L
Latest round
- Series B
Last raised
- Nov 2021
Total raised
- $51M
Investors
- 10
About AscendEX Technology S.R.L
L specializes in cryptocurrency trading and financial services. The firm was founded by Ariel Ling.AscendEX offers a comprehensive cryptocurrency trading platform featuring services such as AscendEX Earn, liquidity mining, and staking. Users can earn rewards through the off-chain Earn program, which distributes rewards derived from AscendEX’s principal balance sheet. The platform's liquidity mining feature allows users to deposit tokens into asset pools on decentralized exchanges, providing them with incentives in the form of trading fees and liquidity pool tokens. Additionally, the fija USDC Yield Booster strategy generates stable returns for users in USDC via liquidity provision on the decentralized perpetual exchange GMX (V2), operational on platforms like Arbitrum and Avalanche.03 mn.L plans to utilize this capital to accelerate its entry into international markets and drive product innovation. The company aims to expand its services into new geographic regions, though specific markets and timelines have not been disclosed. This strategic initiative is expected to enhance its product offerings and strengthen its position in the cryptocurrency trading sector.
Who invested in AscendEX Technology S.R.L
10 investors across 1 round
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Funding rounds
Series B
Nov 22, 2021
Amount
$51M
Investors
Questions about AscendEX Technology S.R.L
Who invested in AscendEX Technology S.R.L?
AscendEX Technology S.R.L has 10 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has AscendEX Technology S.R.L raised?
AscendEX Technology S.R.L has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did AscendEX Technology S.R.L last raise money?
AscendEX Technology S.R.L's most recent round on record is a Series B, in Nov 2021.
What does AscendEX Technology S.R.L do?
L specializes in cryptocurrency trading and financial services.
Where is AscendEX Technology S.R.L headquartered?
AscendEX Technology S.R.L is headquartered in Singapore, Singapore.
Which VCs invest in companies like AscendEX Technology S.R.L?
Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at AscendEX Technology S.R.L's stage. Their profiles are linked below.
VCs backing financial services startups at Series B
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