top of page

UXLINK, a Web3 Social Platform and Infrastructure, secures Strategic Investment from Animoca Brands


Web3 Social Platform and Infrastructure

September 03, 2024


UXLINK, a leading social infrastructure platform, has received a strategic investment from Hong Kong-based gaming and VC firm, Animoca Brands. This collaboration is a significant step in expanding UXLINK’s user base and developing its ecosystem in the Web3 space.


Following the investment from Animoca Brands, UXLINK’s price surged by 104.69% overnight. The platform, which has 5 million users and 90,000 Web3-powered groups, is set for further growth with this new partnership. Previous collaborations with Binance Web3 Wallet have paved the way for this strategic move.

Project

Latest Raise Date

Stage

Lead Investor

Category

UXLINK

September 3, 2024

Strategic Investment

Animoca Brands

Web3, Social

With Animoca’s extensive project portfolio and strong presence in the blockchain industry, UXLINK is well-positioned to enhance its presence and strengthen its leadership in the Web3 social sector.


About UXLINK

UXLINK is a Web3 social platform that connects users and decentralized applications (dApps) in real-time. It allows people to form two-way social relationships and interact within a decentralized ecosystem. The platform supports over 5 million users and 90,000 Web3-powered groups, making it a hub for social interactions and crypto asset trading.


 

About InvestorInvestor: Animoca Brands

Animoca Brands is a company that develops and publishes a diverse portfolio of games and products. Their offerings span both traditional games and blockchain-based games, with many of them featuring popular global brands. Some of the well-known brands associated with Animoca Brands include Disney, WWE, Snoop Dogg, The Walking Dead, Power Rangers, MotoGP™, and Formula E1.


Location: Hong Kong

 


 

A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.

Comments


Commenting has been turned off.
bottom of page