Crypto Platform Unizen to Expand its Operations After Raising $200 Million

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Crypto Platform Unizen to Expand its Operations After Raising $200 Million
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Unizen will distribute the funds towards improving its trade aggregation ecosystem and expanding its team.

The Liechtenstein-based cryptocurrency exchange – Unizen – secured a $200 million funding to accelerate its development in numerous fields. The fundraiser was led by the investment management giant Global Emerging Markets ., the trading venue vowed to employ the multi-million financing to expand the size of its organization, improve its trade aggregation ecosystem, and bolster the Innovation and Marketing pipeline.

Unizen runs on the BNB Chain and aims to find the most cost-efficient trades and best offerings across multiple popular cryptocurrency platforms, including Binance. It is worth noting that the exchange has an incubator program called ZenX Labs. The latter supports decentralized projects by providing them with technical expertise and management solutions.

a $150 million investment, boosting the company’s valuation to $8 billion. The funding round was led by prominent investors, such as GIC, B Capital, Thoma Bravo, Tiger Global Management, and Wellington Management.

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