Jumbo Raises $3.5M to Deliver Its Decentralized Exchange Ecosystem to the NEAR Protocol
Jumbo, a leading decentralized exchange built on the NEAR Protocol, is proud to announce the successful completion of a $3.5 million fundraising round led by Pantera and Huobi Incubator, with additional funding from DWEB3, D21 Ventures, Metaweb Ventures, Fundamental Labs, Proximity, and Genblock Capital. The funds contributed to developing the user-friendly design and feature offerings that have positioned Jumbo as one of the largest DEXs on NEAR since its establishment in late 2021. Jumbo Exchange also employs HAPI, a novel security system that uses know-your-transaction (KYT) technology to ensure safety and security of users."Thanks to the trust of investors, Jumbo is delivering a user-friendly exchange experience that is rapidly developing, keeping pace with market demands and with the NEAR ecosystem," said Alex Dyatlenko, CEO of Jumbo.
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