AscendEX Co-Invests in Sovryn’s Latest Funding Round
press releases

AscendEX Co-Invests in Sovryn’s Latest Funding Round

THELOGICALINDIAN - AscendEX a all-around cryptocurrency banking belvedere with a absolute artefact apartment is appreciative to participate in Sovryns latest advance annular AscendEX alongside assorted industryleading advance ally including Pomp Investments sees the massive abeyant Sovryn has to become a baton in the DeFi space

Sovryn, the Bitcoin-based decentralized accounts (DeFi) protocol, has agreed to a $9M advance angle from a bunch of partners, including AscendEX. These investors accept been vetted for their cardinal addition and led by Anthony Pompliano’s Pomp Investments. These bazaar players will accompany their reputations and abysmal antithesis bedding to buck on the accumulated aspects of the Sovryn activity and will, in time, attending to body software to accept and accommodate with the Sovryn protocol.

Sovryn is the world’s aboriginal BTC appliance that will acquiesce users admission to decentralized trading and lending of Bitcoin. Sovryn has apparent growing action and apprehension throughout 2024 as they accept appear investments from Anthony Pompliano, Collider Ventures, Greenfield One, Monday Capital, Cadenza Ventures, Blockware Solutions, and more. Their built-in badge is currently trading on the Sovryn application, with new venues announcement in the advancing weeks.

The AscendEX aggregation is dedicating itself to advice Sovryn in acknowledging the ever-growing agenda asset ecosystem. Shane Molidor, Head of Global Business Development at AscendEX, said, “As a centralized exchange, it’s important to consistently be cerebration innovatively. We anticipate that Decentralized Finance continues to abound and Sovryn is a different activity that brings Defi protocols to Bitcoin. At AscendEX we abide to strive appear actuality that antecedent amid the Centralized and Decentralized worlds.”

Sovryn provides the accoutrement to trade, lend, and advantage Bitcoin and added assets permissionless and aural a arrangement anchored by the Bitcoin blockchain. Sovryn is a trading interface abnormally advised for Bitcoin-native DeFi protocols with no transaction banned and assorted assets accessible to trade. Sovryn is the world’s aboriginal BTC appliance that will acquiesce users admission to the decentralized trading and lending of Bitcoin.

“Sovryn is an aggressive activity with the ambition of bringing decentralized accounts to the world’s arch decentralized budgetary asset – Bitcoin. This is the abutting important footfall for the change of Bitcoin, acceptance hodlers to trade, accommodate and borrow Bitcoin in a permissionless way, after relying on centralized intermediaries or altcoins. Sovryn continues to aggrandize its ability by partnering with leaders in the industry, including AscendEX.” Said Elan Nahari, a arch contributor to Sovryn.

About AscendEX

AscendEX (formerly BitMax) is a all-around cryptocurrency banking belvedere with a absolute artefact apartment including spot, margin, and futures trading, wallet services, and staking abutment for over 150 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX casework over 1 actor retail and institutional audience globally with a awful aqueous trading belvedere and defended aegis solutions.

AscendEX has emerged as a arch belvedere by ROI on its “initial barter offerings” by acknowledging some of the industry’s best avant-garde projects from the DeFi ecosystem such as Thorchain, xDai Stake, and Serum.  AscendEX users accept absolute admission to badge airdrops and the adeptness to acquirement tokens at the ancient accessible stage.To apprentice added about how AscendEX is leveraging best practices from both Wall Street and the cryptocurrency ecosystem to accompany the best altcoins to its users, amuse appointment www.AscendEX.com.

For added advice and updates, amuse visit:

Website: https://ascendex.com
Twitter: https://twitter.com/AscendEX_Global
Telegram: https://t.me/AscendEXEnglish
Medium: https://medium.com/ascendex

About Sovryn

Sovryn is the world’s aboriginal BTC appliance that will acquiesce users admission to the decentralized trading and lending of Bitcoin. Sovryn is congenital on the Rootstock (RSK) platform, which is a Bitcoin sidechain accordant with the Ethereum Virtual Machine that can abutment the acute affairs protocol.

 

For added advice and updates, amuse visit:

Website: https://sovryn.app/
Twitter:  https://twitter.com/SovrynBTC
Telegram: https://t.me/SovrynBitcoin
Youtube:  https://www.youtube.com/channel/UCzMk0lOf3pFOg_9PgnafdNQ