Ubit Raises $20M to Develop Intelligent Crypto Trading Platform

Ubit Raises $20M In Funding

Ubit Raises $20M in Funding

Key Highlights:

  • Funding: Ubit, a Singapore-based Web3 smart market maker exchange company, raised $20 million in funding.
  • Platform Development: The funds will be used to further develop the platform and strengthen Ubit's position in the Web3 trading platform domain.
  • Intelligent and Social Financial Tools: Ubit aims to create intelligent and social financial tools, including crypto spot and futures trading, to help users find quality investment projects and achieve profitability through holding and trading cryptocurrencies.
  • Crypto Social Platform: Ubit plans to become an autonomous crypto social platform, providing users with market and project information and creating an open environment for crypto assets trading and management.

Ubit's Target Market

  • Crypto Traders and Investors: Individuals and institutions interested in trading and investing in cryptocurrencies.
  • Web3 Trading Platform Users: Users of Web3 platforms looking for advanced trading features and social networking capabilities.
  • Investment Communities: Communities and networks focused on cryptocurrency investments and trading strategies.

What Ubit Needs to Buy

  • Technology and Development Partners: Collaborating with technology partners to enhance the platform's features and capabilities.
  • Marketing and Branding Services: Engaging with marketing agencies to promote the platform and attract new users.
  • Community Management Tools: Utilizing tools and services to manage and engage with the platform's user community.