October 11, 2024
Apex Fusion, a federated multi-chain layer-1 network designed to offer a seamless experience for blockchain builders and developers by integrating UTXO and EVM transaction methods into one decentralized ecosystem, has successfully completed its first private token sale. The startup raised $6 million for its token ecosystem, achieving a fully diluted valuation of $180 million.
Project | Latest Raise | Latest Raise Date | Stage | Lead Investor | Category |
|---|---|---|---|---|---|
Apex Fusion | $6M | October 11, 2024 | Private Token Sale | TRGC | Layer1 |
The funds will be used for marketing and further development of its network, which includes the Prime, Nexus, and Vector chains. Apex Fusion also provides native bridges, interoperability protocols, and developer tools.
About Apex Fusion
Apex Fusion is a blockchain platform that aims to unite the best features of UTXO and account-based models to create a robust foundation for Web3. By integrating these technologies, Apex Fusion enables seamless asset transfers, development, and growth across diverse protocols. The platform includes the Prime, Nexus, and Vector chains, which provide security, high-speed transactions, and EVM compatibility, respectively. Apex Fusion’s goal is to offer a comprehensive and efficient ecosystem for blockchain developers and users.
Website: https://apexfusion.org/
About Investor
Investor: TRGC
TRGC is a research-driven investment firm that focuses on supporting founders who are building groundbreaking companies in the digital assets and blockchain sectors. With over 15 years of industry experience, TRGC aims to be a value-added partner from day one, leveraging their expertise to help innovative teams achieve their goals. They invest in projects that have the potential to define new categories and drive the next paradigm shift in the internet and blockchain technology.
Location: Amsterdam
Website: https://www.trgc.io/
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