XY Finance Raises $12M to Revolutionize Cross-chain Blockchain Ecosystem

XY Finance takes pride in announcing that they have raised $12 million from Circle (Circle Internet Financial), Infinity Ventures Crypto, Mechanism Capital, Morningstar Ventures, YGG (Yield Guild Games), and Animoca Brands. 

They are honored to see investors across core pillars in the industry: exchanges, venture funds, research firms, GameFi DAOs, and game developers, such as MEXC Global, TRON Foundation, gCC (gumi Cryptos Capital), Lemniscap, Evernew Capital, PANONY, Axia8, Looksrare.vc and more.

“XY Finance is at the cutting edge of DeFi and we’re excited to partner with them for multi-chain solutions to benefit the YGG community in the long term. Our guild exists across multiple protocols, and our players earn rewards from many different play-to-earn games, so XY’s ability to streamline the interaction between blockchains will save on transaction fees and deliver a much better experience overall.” — Gabby Dizon, the co-founder of Yield Guild Games (YGG)

The fundraising is an attestation of growing institutional confidence towards the network and the immense value it brings to the crypto trading market. They aim to leverage the proceeds to enable a long-term vision that will accelerate and uplift the cross-chain industry as a whole; XY Finance is to become the best one-stop cross-chain aggregator for DeFi and Metaverse.

Public Token Sale Coming Soon

XY Finance has deliberately spread the private financing slots across various entities to ensure maximized decentralization in addition to leveraging experts across diversified blockchain fields. Moreover, the will continue to be a community-first project.

Consequently, they are planning to host its initial DEX offering (IDO) on the 9th of December 2021! They are seeking the best way to make its IDO a truly fair public financing round, aiming to tackle unreasonably-high thresholds for participating in IDOs of promising crypto projects.

ABOUT XY Finance
XY Finance is a cross-chain swap aggregator and cap efficient liquidity.

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