OKX Ventures announces investment in Web3 innovative trading application Blum
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According to official news, OKX Ventures announced a seed round investment in innovative trading application Blum, a platform aiming to create a trading experience connecting DEX and CEX for 90 million users. This round of financing was led by gumi Cryptos Capital, with Spartan and No Limit Holdings participating. Also gained continued investments from seed front-wheel supporters YZi Labs and Top.co, as well as participation from well-known institutions such as Bitscale Capital and Wintermute. Currently, Blum has received a total of $5 million in pre-seed and seed rounds.
“This funding marks an important milestone for Blum as it will drive the development of our trading capabilities. We are very grateful to OKX Ventures and other supporters for their confidence in us,” said Gleb Kostarev, Blum CEO and co-founder. “Blum has attracted the attention of investors and users since day one. Our financing method is not just to secure funds; it is to carefully select partners with expertise and resources that can enhance the user experience.”
Jeff Ren, partner at OKX Ventures, said: "We are delighted to invest in Blum, which is one of the largest Telegram Web3 communities. At the same time, we will also establish a partnership with Blum through OKX Connect to attract more users together. Through this investment," said OKX Ventures Partner Jeff Ren. , We hope to once again demonstrate our willingness and determination to advance the Ton ecosystem.”