LogX Completes $4 Million Strategic Funding Round, Totaling $10.1 Million

Golden Finance reported that LogX, the on-chain perpetual DEX, announced the completion of a $4 million strategic funding round. This brings their total funding to $10.1 million. Investors in this round include Hashed Emergent, Cumberland VC, Saison Capital, Gate Labs, DWF Labs, Antler, Coinswitch Ventures, Wagmi Ventures, and Kairos Capital.

LogX plans to use this new funding to develop into a DeFi super-app, offering leveraged prediction markets and exotic perps. They also aim to expand into the TON, Solana, Bitcoin, Move, and EVM ecosystems.

Previously, LogX completed a $6.1 million seed funding round with participation from Coinbase Ventures and Sequoia Capital.