Momentum raised $100M in a strategic round led by OKX Ventures, with participation from Coinbase Ventures, Protagonist, Gate Ventures, MEXC Ventures, KuCoin Ventures, and DNA. Notable angels include Adeniyi Abiodun (Sui), Lark Davis (CryptoLark), Nom (Bonk), Nic Puckrin (CoinBureau), and Michael Heinrich (Zero Gravity/Monke Ventures). The funding highlights strong investor confidence in Momentum's growth within the crypto ecosystem. OKX Ventures' involvement signals a focus on innovative blockchain projects. This round positions Momentum to expand its influence and operations significantly.

#CircleIPO #MyCOSTrade $ETH $XRP Traders can be beneficial in several ways:

Liquidity Provision: They buy and sell assets, ensuring markets remain liquid, which allows for smoother transactions and price stability.

Price Discovery: Their activities help determine fair market prices by reflecting supply and demand dynamics.

Risk Management: Traders, especially in derivatives markets, help others hedge risks by taking on price volatility.

Market Efficiency: By exploiting price discrepancies, traders ensure markets operate efficiently, reducing inefficiencies.

Economic Signals: Their actions provide insights into market sentiment, guiding businesses and policymakers.