Coinopening
No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Cryptocurrency
    • Altcoin
    • Litecoin
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO
  • Home
  • Bitcoin
  • Ethereum
  • Cryptocurrency
    • Altcoin
    • Litecoin
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO
No Result
View All Result
Coinopening
No Result
View All Result
Home Press Release

MXC to Launch New Investment Fund to Support Solana Foundation’s Ecosystem

by Press Release
April 2, 2021
in Press Release
0
MXC to Launch New Investment Fund to Support Solana Foundation’s Ecosystem
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Leading cryptocurrency exchange commits finances to fuel the growth of projects and expand go-to-market resources for dApp and protocol development

World leading cryptocurrency exchange, MXC, have joined hands partnering with Solana Foundation, to launch a strategic investment fund that will bring a total of US$20 million of new capital to accelerate the growth and development of key projects in the Solana ecosystem.

Solana’s layer 1 proof of stake network has grown at an exponential rate, with 560+ active community validators around the world who have produced over 70 million blocks and processed over 14 billion transactions. Since the launch of its mainnet beta in 2020, Solana has attracted industry-leading projects like Serum, Chainlink, Terra, Audius, USDC, USDT, and more to deploy on its blockchain. 

Related articles

CORRECTION: Surreal psychological thriller directed by Wendy McColm ‘Fuzzy Head’, to world premiere at Slamdance film festival

LCX Gains Regulatory Approval For First 10 Million Euro Tokenized Bond

“We are delighted to have MXC’s support in the  growth and development of the Solana Ecosystem. This strategic alignment and sharing of resources will prove to be incredibly valuable for the projects that are currently developing on the Solana blockchain,” said Anatoly Yakovenko, President of the Solana Foundation. “We look forward to working closely with the MXC teams to provide the necessary support for all dApps and projects built on Solana to succeed.”

“MXC Exchange aims to foster closer collaboration with the most promising blockchain ecosystems, and this investment sets forward our belief and commitment to shepherding the success of the dApps and platforms built on Solana,” said Katherine Deng, Vice President of MXC Exchange. “As the first stop for high-quality blockchain projects, working strategically with the Solana team ties in naturally with our vision and market position.”

MXC Exchange is the leading spot-trading crypto exchange in China and the Asia Pacific region. Established in 2018, MXC has compliance licenses in five countries with 752 pairs and a daily trade volume of approximately USD 4-Billion. By investing in the Solana ecosystem, MXC aims to bring resources and provide guidance to projects looking to access the Asia institutional and retail markets.

In the last month alone, over 50 market-ready projects launched on Solana. These included industry-leading DeFi applications, markets for NFTs, and infrastructure to support the next generation of Web 3 companies. Recent initiatives such as the Solana x Serum DeFi Hackathon saw 100+ project submissions from 3,000 builders, just as Raydium, an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX), surpassed $160m total value locked, increasing more than 3000% in less than two months.

About MXC Exchange

Established in April 2018, MXC Exchange is one of the world’s leading digital-asset trading platforms which offers users one-stop services including spot, margin, leveraged ETF, derivatives trading and staking services. The core members of the team come from world-class enterprises and financial companies, who have rich experience in blockchain and financial industries. We offer the most comprehensive marketplace where global crypto traders, miners and institutional investors come to manage crypto assets, enhance investment opportunities and hedge risks, and formulate their strategies to maximize gains and mitigate risks. For more information, please visit www.mxc.com.

About Solana

Solana is a Layer 1 Proof-of-Stake protocol delivering decentralized scalability and security for Web 3 applications. As the top performing blockchain selected by projects with high user activity and transaction volumes, Solana is able to achieve breakneck speeds for processing t aims to foster closer collaboration with the most promising blockchain ecosystems ransactions at costs less than $0.0001. Founded by former Qualcomm, Intel, and Dropbox engineers in late-2017, Solana is the first web-scale blockchain capable of supporting the future growth of decentralized apps, exchanges, platforms and more. For more information about Solana, please visit: www.solana.com

Related Posts

CORRECTION: Surreal psychological thriller directed by Wendy McColm ‘Fuzzy Head’, to world premiere at Slamdance film festival
Press Release

CORRECTION: Surreal psychological thriller directed by Wendy McColm ‘Fuzzy Head’, to world premiere at Slamdance film festival

February 8, 2023
LCX Gains Regulatory Approval For First 10 Million Euro Tokenized Bond
Press Release

LCX Gains Regulatory Approval For First 10 Million Euro Tokenized Bond

February 8, 2023
Watch Movies and Earn Rewards with Moflix AI – A Pre-eminent Movie Streaming Platform
Press Release

Watch Movies and Earn Rewards with Moflix AI – A Pre-eminent Movie Streaming Platform

February 8, 2023
BC.GAME Announces Winner of Brand-New Tesla in their Coco’s Mega Giveaway Event
Press Release

BC.GAME Announces Winner of Brand-New Tesla in their Coco’s Mega Giveaway Event

February 7, 2023
OptionBlitz Leverages Ethereum Layer 2 Protocol Arbitrum to Pioneer Zero-Day Options & Social Trading Platform
Press Release

OptionBlitz Leverages Ethereum Layer 2 Protocol Arbitrum to Pioneer Zero-Day Options & Social Trading Platform

February 7, 2023
Join the Revolution: Invest in STARSTAKING for 25% APY and the Chance to Win Big with the DeFi Lottery Program
Press Release

Join the Revolution: Invest in STARSTAKING for 25% APY and the Chance to Win Big with the DeFi Lottery Program

February 7, 2023

POPULAR NEWS

Top 10 NFT marketplace on BSC

Top 10 NFT marketplace on BSC

June 1, 2021
Bictory Finance- Deploys its Holistic Financial Products on Concordium Network

Bictory Finance- Deploys its Holistic Financial Products on Concordium Network

June 1, 2021
OnlyFans Creates Massive Opportunity For A New Platform To Take Over The Adult Entertainment Industry

OnlyFans Creates Massive Opportunity For A New Platform To Take Over The Adult Entertainment Industry

August 23, 2021

Bitcoin futures ETF is available for trading on NYSE Arca, see how ZT shines in the ETF market

October 25, 2021
BitMart Innovates with Exclusive “Vote to Earn” NFT

BitMart Innovates with Exclusive “Vote to Earn” NFT

September 21, 2022

EDITOR'S PICK

Crypto Think Tank Coin Center Sues US Treasury Over Tornado Cash Sanctions

Crypto Think Tank Coin Center Sues US Treasury Over Tornado Cash Sanctions

October 12, 2022
Bitcoin Miner Core Scientific to Borrow $70M From B. Riley

Bitcoin Miner Core Scientific to Borrow $70M From B. Riley

January 31, 2023
SEC Increases Scrutiny of Audits of Cryptocurrency Companies: WSJ

SEC Increases Scrutiny of Audits of Cryptocurrency Companies: WSJ

December 23, 2022
Market Maker Group One Discloses 13.5% Stake in MicroStrategy

Market Maker Group One Discloses 13.5% Stake in MicroStrategy

January 10, 2023

About

We publish a comprehensive news feed covering all news relevant to the crypto user, covering main industry news, politics and regulation as well as consumer-level “news you can use” (practical stuff), including handy DIY tips, links to useful tools, unbiased reviews and opinions revolving around cryptocurrency. Simple logic and real-world examples are preferred before technical jargon and personal rants.

Follow us

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Litecoin
  • Market
  • Press Release
  • Regulation
  • Uncategorized

Recent Posts

  • CORRECTION: Surreal psychological thriller directed by Wendy McColm ‘Fuzzy Head’, to world premiere at Slamdance film festival
  • Bitcoin ATM Operator Coin Cloud Files for Bankruptcy With Liabilities of $100M-$500M
  • Crypto Derivative Volumes Saw Speedy Growth as Prices Rose in January
  • Binance Is Organizing a Consortium to Try to Rebuild Trust in Crypto: Source
  • About Us
  • Privacy Policy
  • Contact Us

© 2020 coinopening.com

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Cryptocurrency
    • Altcoin
    • Litecoin
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO

© 2020 coinopening.com

  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003680-6.82%
  • lympoLympo(LYM)$0.004392-4.43%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • CornichonCornichon(CORN)$0.073096-0.86%
  • StacyStacy(STACY)$0.0007100.00%
  • RelevantRelevant(REL)$0.780.38%
  • Heart NumberHeart Number(HTN)$0.000553-30.47%
  • TadpoleTadpole(TAD)$7.32-1.76%
  • SEENSEEN(SEEN)$2.05-2.27%