PANews August 29 news, according to AInvest report, the cryptocurrency exchange OrangeX announced the completion of a $20 million Series B financing, led by Kryptos, with continued investment from SCI Ventures and other major investors. Previously, the exchange completed a $10 million Series A financing in September 2023, also led by Kryptos, with follow-on investments from NGC Capital, Phase Capital, and SCI Ventures. The new financing will be used to enhance core infrastructure and accelerate global market expansion.

According to reports, the OrangeX platform provides services such as derivatives trading, spot trading, one-click copy trading, and fiat channels for purchasing cryptocurrencies.