UXLINK Secures Over $9M in Latest Funding Round with Top Investors

UXLINK, the rapidly expanding Web3 social platform, announced its recent success in closing a funding round that amassed more than $9 million. The investment round drew attention from leading players such as OKX Ventures, Web3Port Foundation, and MatrixPort Ventures among others. With a diverse investor base spanning North America, Asia, and the Middle East, UXLINK is eyed for another funding round before its Token Generation Event (TGE).

The platform sets itself apart by focusing on bi-directional social connections, unlike its contemporaries that prioritize one-way interactions. It features an application layer with a Social DEX module and a UX Growth module. Additionally, its infrastructure layer is poised to introduce a Social Liquidity Chain, leveraging OP Stack L2 and EigenDA technologies, to enhance support for developers and Dapp integrations.

Since its launch in April 2023, UXLINK has swiftly acquired over 3.5 million verified users and more than 75,000 decentralized groups. Its widespread adoption across Southeast Asia, the Middle East, Europe, South Asia, and Africa highlights its potential to revolutionize Web3 social infrastructure through fostering acquaintance-based relationships similar to Facebook and WeChat in the Web1.0 and Web2.0 landscapes.