Institutional Trust Drives $20M Bet on OrangeX’s Crypto Vision
OrangeX, a global cryptocurrency exchange, has secured $20 million in Series B funding, led by Kryptos, with participation from SCI Ventures and other major investors. This marks the platform’s second significant fundraising milestone, following a $10 million Series A round in September 2023, also spearheaded by Kryptos and supported by NGC Capital, Phase Capital, and SCI Ventures. The newly raised capital will be allocated to strengthen the exchange’s core infrastructure and accelerate its global market expansion strategy.
The funding announcement underscores a growing trend of institutional interest in digital asset infrastructure, with OrangeX emerging as a key player in the space. According to reports, the platform offers a…
