June 11, 2024
Sandstorm, a prominent firm in the virtual asset market making sector, has pledged $4 million in funding over the next two years to Upbots, an innovative crypto trading platform. This investment will facilitate the integration of Upbots' trading technologies with Sandstorm's sophisticated market making capabilities.
Project | Latest Raise | Latest Raise Date | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
Upbots | $4M | June 11, 2024 | Financing | $4M | Sandstom | Trading |
Over the span of two years, Upbots will have the flexibility to utilize the $4 million in pledged funding, offering enduring financial security to augment its trading platform and broaden its service offerings.
The collaboration with Sandstorm is poised to substantially enhance the Upbots ecosystem, promoting swift expansion and ensuring that Upbots can persistently provide sturdy trading solutions in diverse market scenarios for the foreseeable future.
About Upbots
Upbots is a comprehensive crypto trading platform that caters to everyone, regardless of their skill or experience level. It provides a unified view of both centralized and decentralized portfolios, allowing users to track their wallet balances and evolution over time. Users can connect to a bot or use the staking program to earn UBXN.
Upbots offers an array of algorithmic trading bots that users can command. It operates on a fair payment system where no upfront fees are required to use any of their bots. Users only pay when they are in profit, and in case of a loss, virtual credits are added to their account, and no payment is deducted until their losses are recovered.
Website: https: https://upbots.com/
X Account: https://x.com/upbots
X Followers today: 15,847
X Followers 30 days ago: 15,933
X Change: -86 (-0.54%)
About Investor
Investor: Sandstorm
Sandstorm is a leading market making firm in virtual asset space. It’s known for its commitment to financing promising projects in the cryptocurrency industry. Sandstorm provides financial support to various projects, enabling them to integrate advanced market making capabilities into their platforms.
Sandstorm’s investments are aimed at accelerating the growth of the blockchain industry and promoting the adoption of cryptocurrencies. Through its strategic investments, Sandstorm is playing a crucial role in shaping the future of the virtual asset space.
Website: https://www.sandstorminnov.com/
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