BitCoke, a crypto spot & derivatives exchange, on May 12th confirmed that it successfully raised $20 million in a strategic private round in early 2022.
The funds will be primarily used by the centralized exchange to design and develop key features connecting CEX with decentralized exchange (DEX) features.
According to BitCoke’s official blog, the financing deal was reached with a group of investors led by Huobi Exchange, and also included others, such as RedLine DAO, Krypital, LD Capital, AKG, VRM, Mint, WeBlock, 7 Clock, HTR, NFTGO, LTP, Scorpio, Eureka, Hotbit, JL Capital, Pento.
“As BitCoke continues to adapt to the paradigm shift in crypto trading, this institutional investment will accelerate the development of the exchange and the promotion of BitCoke native token, as well as help us explore the merging between CEX and DEX ..
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