IntentX Strategic Round

IntentX
2 min readFeb 12, 2024

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We’re excited to announce the closing of a strategic round led by Selini Capital, with participation from Orbs, Mantle Ecofund, Mirana, Kronos Research, and Manifold Trading.

This strategic round brings $1.8M in additional investment capital and is critical to establishing alignment and a strong relationship with the very best market makers and DeFi ecosystem in the industry.

We look forward to working closely with our new strategic partners on new products, integrations, and deployments.

Market Maker Alignment

As an OTC marketplace, IntentX relies on its solver network to create markets and facilitate trade. With this, there is a natural synergy between IntentX and its solvers to provide the very best UX and product to traders.

This investment round sees investment from 4 active and highly reputable market makers, setting up the opportunity for integrations.

With the next market maker integration already underway and future ones waiting, we look forward to unveiling more details of our multi-solver solution soon.

Mantle Ecosystem Investment

Importantly, this round also brings forward an investment from the Mantle Ecofund, which has been empowered through MIP-24 to deploy funding into ecosystem projects and support them to advance the Mantle ecosystem and its portfolio companies.

IntentX is honored to be receive investment from the Mantle EcoFund, which provides a strong vote of confidence and support for IntentX on the Mantle L2 chain.

We look forward to achieving great things on the Mantle Ecosystem and are eager to provide more details on our upcoming deployment plans in the coming months.

Looking Ahead

This investment round comprised of the highest quality strategic partners sets IntentX up for an exciting future as a top-tier DEX on the Mantle Ecosystem and beyond.

IntentX is committed to building out the most complete DEX and will leverage our strategic partnerships, innovative intent-based technology, and a world-class team to achieve this vision.

Official Links:

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IntentX

IntentX is a next-generation, intent-based, decentralized derivatives exchange offering perpetual futures trading. intentx.io