Deep Tide TechFlow News, on June 17, according to official sources, the cross-border settlement infrastructure project XFX has officially launched and completed a $9.1 million seed round financing. This round of financing was led by Haun Ventures and Castle Island Ventures, with participation from Oak HC/FT, MAYA Capital, Coinbase Ventures, Paxos, Bitso, and other institutions.

XFX focuses on building institutional-level cross-border settlement infrastructure, aimed at promoting the future development of global capital flows. The specific technical details and application scenarios of the project have not yet been disclosed, but its support from several well-known blockchain investment institutions indicates the market's ongoing attention to cross-border payment solutions.