UXLINK successfully raises more than $9 million with major international investors

The Web3 social platform, UXLINK, has reached a key milestone by completing a financing round of more than $9 million. The lead players in this investment are OKX Ventures and HongShan Capital, with participation from other notable investors such as Web3Port Foundation, Manifold, and UOB Venture, among others. The diversity of investors, spanning from North America to Asia and the Middle East, shows the growing confidence in UXLINK's vision and potential.

This financing comes in a context of rapid growth for UXLINK, which has seen its user base increase significantly since the launch of its product in April 2023. In ten months, the platform has gathered more than 3.5 million users and more than 75,000 decentralized groups. The company stands out for its ability to facilitate two-way social interactions, as opposed to the predominant one-way models in the social media space.

By considering another round of financing before its TGE (Token Generation Event), UXLINK confirms its desire to accelerate its development. The objective is to establish its position as the social ecosystem of choice for the Web3 gateway, the Social DEX, and the infrastructure necessary for mass adoption. UXLINK's innovations, especially the social liquidity chain using OP Stack L2 and EigenDA technologies, promise to benefit developers and decentralized applications.