Cryptocurrency exchange OrangeX completes $20 million Series B funding, accelerating global expansion

On October 16, news from Hash World reports that the cryptocurrency exchange OrangeX has successfully completed a $20 million Series B funding round, led by Kryptos, with continued participation from SCI Ventures and other major investors. Prior to this, the exchange completed a $10 million Series A funding round in September 2023, also led by Kryptos, with participation from NGC Capital, Phase Capital, and SCI Ventures. The funds raised will be used to strengthen core infrastructure and accelerate expansion in global markets. The OrangeX platform offers services such as derivatives trading, spot trading, one-click copy trading, and fiat channels for purchasing cryptocurrencies.