Press release - OX.FUN secures USD 4 million investment

OX.FUN has just secured a new round of financing of USD 4 million. The capital injection will be used for further product development, building our talent pool and active market expansion. It brings us one step closer to our goal of making trading crypto fun, engaging and rewarding again.

A quick recap

OX.FUN launched in January 2024 as a gamified perps exchange, adopting an innovative dual-token model where traders earn $OX for closing winning trades, and its secondary token $MILK for closing losing trades.

OX Coin ($OX) is the centerpiece of OX.FUN, serving as its on-platform collateral and reward currency. You earn $OX rewards when completing daily trading missions, winning leaderboard competitions, closing winning traders, copy trading, or passively by locking $OX in Prison and earning a share of the platform's fees.

Since launch, OX.FUN has reached the impressive milestone of 1.5B $OX deposits and trading volumes of 20 billion $OX.

Read the full press release here

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