DeepChain TechFlow news, on November 21st, according to The Block, modular decentralized exchange (DEX) protocol Valantis has completed two rounds of financing, totaling $7.50 million. Among them, the $3.50 million Pre-Seed round was led by Cyber Fund and Kraken Ventures, and the $4 million seed round was led by SevenX Ventures. Other participants include Semantic Ventures, Figment Capital, Robot Ventures, Anthony Sassano, and Sandeep Nailwal.

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<p>According to TechFlow, on November 21, The Block reported that the modular decentralized exchange (DEX) protocol Valantis has completed two rounds of financing, totaling $7.50 million. Among them, $3.50 million in the Pre-Seed round was co-led by Cyber Fund and Kraken Ventures, and $4 million in the Seed round was led by SevenX Ventures. Participants included Semantic Ventures, Figment Capital, Robot Ventures, as well as Anthony Sassano and Sandeep Nailwal.</p>
<p>According to Deven Matthews, co-founder of Valantis Labs, the Seed round valuation reached $40 million, which is double the Pre-Seed round valuation. Since the launch of its first modular DEX HOT-AMM in June this year, Valantis has facilitated over $50 million in trading volume, and currently has over $5 million in locked value.</p>
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The modular DEX protocol Valantis has completed a $7.50 million financing round, led by SevenX Ventures and Cyber Fund.