0x Labs, the developer of the decentralized exchange protocol and ZRX token, has raised $70 million in a Series B funding round.
According to the news made by Forbes on April 26, among the companies that invested in 0x Labs in the financing round; NFT marketplace Opensea, Pantera Capital, Jump Capital, Jared and Greylock Partners is located.
0x is a decentralized stock market research protocol for developers to find the best prices. Among the exchanges 0x works on Uniswap, Curve and Oasis exists.
After Coinbase, one of the world’s largest crypto exchanges, announced last week that it will invest in 0x. company’s local The trading volume of the token ZRX increased by 47%.
In addition, the firm completed its funding round two months ago, led by Pantera Capital. He had raised $15 million.
According to CoinMarketCap data, despite the correction in Bitcoin, approximately in the last 7-day period. 20% ZRX, the native token of 0x, which gained value, It has gained 15% in the last 24 hours and is trading at $ 0.86. Also the market value of the token It rose 15% to $730 million.
ZRX is among the most valuable cryptocurrencies CoinMarketCap has made It ranks 99th.