Multipool Announces LBP After Raising $650k in VC Round Led By NxGen

Majuro, Marshall Islands, May 15th 2024 — Multipool, a leading innovator in the blockchain and cryptocurrency industry, announces the close of its $650k VC investment round led by NxGen, and the launch of its public LBP on Fjord Foundry. In the past month, Multipool has brought together the best of the crypto investment scene and connected them with the next big thing, receiving an overwhelmingly positive response from the community.

“We’re thrilled to have raised $650k from VC & private investors. With NxGen, we aim to take the Multipool project of a DEX with CEX appeal to new heights and bounds, revolutionizing the crypto space.”

Wojciech Kaszycki, a Core Contributor at Multipool

Partnered with Professionals

The Multipool LBP launches with industry professionals including NxGen, a group of private investors and advisers. These stakeholders provide Multipool with all the skillsets and regulatory support needed to reshape the industry offering compliance, flawless technological development and widespread awareness.

The Big Launch

With the close of the VC round, Multipool will launch their LBP on Fjord Foundry May 21st — 23rd, where crypto enthusiasts from all around the world can participate, joining a community of vibrant experts on the cutting edge of crypto tech.

To learn more about Multipool and the upcoming LBP, please visit:

🌐 Website: /multipool.finance
💬 Telegram: t.me/multipoolfi
🐦 X (Twitter): /multipoolfi

Media Inquiries

Angie Hermosa
Public Relations Manager
press@multipool.finance

As we wrap up this edition of the Multipool Blog, let’s take a moment to reaffirm what stands at the heart of our platform. Multipool is where the strengths of centralized and decentralized exchanges converge, revolutionizing the DeFi trading experience. Here’s a recap of what sets Multipool apart:

• Independent On-Chain Order Book: Direct on-chain execution of limit orders, ensuring optimal price execution and trading efficiency.
• Dynamic Bracket Pools: A semi-automated market-making system that dynamically adapts to market changes, boosting liquidity and fluidity in trading.
• Transparent and Equitable Auctions: Regular 8-hour auctions, maintaining a fair and transparent order execution process.
• User-Friendly Repo Lending: A platform for token holders to lend their assets, with the freedom to set their interest rates and loan durations.
• Decentralized and Secure: Our unwavering commitment to top-tier security and decentralization principles provides a reliable trading environment.
• Segment Trees: Utilizing advanced data structures for efficient order management and reduced transaction costs.

Thank you for joining us on this journey through the evolving landscape of decentralized finance trading. Stay connected with the Multipool Community Update Blog for continuous updates on our features, community stories, and forward-looking insights into the future of decentralized finance.

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🌐 Website: /multipool.finance