April 18th, 2024 — Runes DEX, a pioneering Automated Market Maker (AMM) platform for runes on the Bitcoin community, is delighted to announce the profitable closure of a $2 million seed funding spherical. This important funding occasion attracted substantial help from main blockchain buyers, together with Kenetic Capital, Mechanism Capital, Auros Ventures, Future Fund, and Boosty Labs. Esteemed business veterans similar to Pascal Gauthier, CEO of Ledger; 0xMaki, founding father of SushiSwap; and AOI, founding father of AOI.com, are backing this initiative.
Because the inaugural AMM of its form, Runes DEX ushers in a transformative market mannequin to the Bitcoin ecosystem, mixing finance with digital tradition in novel methods. The platform not solely permits fluid rune buying and selling but in addition leads the way in which in incorporating meme-based tokens with its distinctive “Meme On line casino” characteristic, additional enriching its numerous choices.
King of Runes, CEO of Runes DEX, shared their imaginative and prescient: “At Runes DEX, our objective is to outline the benchmark for liquidity and buying and selling options on Bitcoin, capitalizing on the community’s inherent safety and in depth attain. On the coronary heart of our mission is forging a community-centric ecosystem that not solely streamlines buying and selling but in addition democratizes entry to monetary instruments for all, ushering in a brand new period of participation within the blockchain realm.”
Jehan Chu, Founding father of Kenetic Capital, underscored the platform’s progressive qualities: “Runes DEX is…
