November 24, 2023

Kinetex Successfully Closes the Strategic Round with Gnosis and Factor

The Kinetex team is thrilled to announce the successful finish of the funding strategic round led by Gnosis Chain and Factor. It is an honor to work with such well-known decentralized companies.

During their angel round earlier this year, Kinetex managed to secure funds from eight angel investors, including 1inch top management. The latest funding round is the next significant milestone for the Kinetex team, as it will help them bring their vision of the DeFi future to reality.

The team is leveraging its innovations, including Zk light clients and an intents-based approach, into the upcoming Kinetex dApp mode, Flash Trade. It will enable Kinetex to offer far more benefits to users, including no slippage, MEV protection, gas optimization, and more. As a result, Kinetex will ensure greater security and efficiency for users and their funds.

Read the full post on the Kinetex blog.

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