# KTX.Finance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ktx-finance

- Industry: Software
- Headquarters: Singapore
- Website: www.ktx.finance
- Total disclosed funding: $4M
- Latest round: Seed (Jul 11, 2023)
- Investors on record: 8

## About

Based in Singapore, KTX.finance provides a permissionless and decentralized platform for trading perpetual on-chain, allowing traders to enjoy superior security without know your customer (KYC) or giving up custody. In July 2023, KTX.Finance raised USD 4 million in seed funding led by investor Hashed with participation from AlphaLab Capital, CRIT Ventures, 100&100 Ventures, Trinito, GSG Asset, KuCoin Ventures, and Sky9 Capital.

KTX.Finance provides an on-chain decentralized derivatives trading protocol that employs a unique multi-asset liquidity pool. It allows users to trade against the KLP pool, a multi-asset liquidity pool consist of 50% stablecoins and 50% prestigious cryptocurrencies (such as BTC, ETH, and BNB). With KTX Finance, traders can trade and earn cryptocurrencies with low fees, depthless liquidity, and leverage of up to 50x, enabling them to generate yield in bull, bear, or sideways markets. Additionally, liquidity providers on KTX.Finance can deposit any blue-chip asset into the KLP pool and get up to 70% of the trading fees generated by the protocol.

## Funding rounds

- Seed, Jul 11, 2023, $4M — Sky 9 Capital, Hashed Ventures, Caladan, Great South Gate Asset Management, Crit Ventures, KuCoin Ventures, Trinito, 100&100 Ventures

## Investors

- Sky 9 Capital (https://capitalatlas.ai/funds/sky-9-capital) — Seed
- Hashed Ventures (https://capitalatlas.ai/funds/hashed-ventures) — Seed
- Caladan — Seed
- Great South Gate Asset Management — Seed
- Crit Ventures (https://capitalatlas.ai/funds/crit-ventures) — Seed
- KuCoin Ventures (https://capitalatlas.ai/funds/kucoin-ventures) — Seed
- Trinito (https://capitalatlas.ai/funds/trinito) — Seed
- 100&100 Ventures (https://capitalatlas.ai/funds/100-100-ventures) — Seed