Freedx, a newly launched cryptocurrency exchange, has successfully raised $50 million in a funding round aimed at enhancing its trading platform and expanding global operations.
The investment of its equity fund reflects strong investor confidence in the vision of providing a user-friendly, transparent, and efficient trading experience. The platform is designed to bridge the gap between institutional-grade trading tools and accessibility for retail traders offering advanced features such as optimized order routing, real-time analytics, and high-speed execution.
Regulatory Approvals and Global Expansion:
Freedx has secured regulatory compliance permissions in Panama and obtained a BTC license in El Salvador, marking key milestones in its compliance and expansion strategy. The exchange aims to establish itself as a globally compliant trading platform by ensuring a secure and transparent environment for users worldwide.
Founded by Industry Experts:
Freedx was founded by a team of industry veterans from leading financial and crypto institutions such as Binance, Deutsche Bank, Upbit and eToro. With extensive experience in trading, technology, and risk management the team is focused on building an efficient and secure platform tailored to traders’ needs.
“We believe that trading should be as seamless and transparent as possible,” said Jonathan Farnell, CEO, Freedx. “This fundraise validates our vision to build a platform that prioritizes traders’ needs above all else. We’re thrilled about the opportunity to continue developing innovations that empower our community and drive the industry forward.”
Key Features of Freedx:
Picture Courtesy: finbold.com
Freedx aims to offer a cutting-edge trading experience by integrating free forex and the stock market.
Advanced Trading Tools – Optimized order routing and real-time market analytics.
High-Speed Execution – A powerful matching engine to ensure minimal latency.
Enhanced Security – Proprietary security protocols and multi-factor authentication.
User-Centric Design – A sleek interface combining professional-grade tools with simplicity.
Beta Launch in Q1 2025:
Freedx is preparing for its Beta Launch at the end of Q1 2025, during which early adopters will gain access to the platform’s advanced features and participate in exclusive giveaways.
The company is also focused on expanding its global presence by forging partnerships with institutional investors, blockchain innovators, and regulators to enhance trust and transparency in the industry.
About Freedx:
Freedx is a next-generation cryptocurrency exchange designed to offer a seamless and secure trading experience. By merging institutional-grade trading technology with an intuitive interface, Freedx aims to empower traders with the tools and efficiency needed to navigate the evolving digital asset landscape.
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