A ‘smart exchange’ which aggregates the most cost-efficient trades across both centralised and decentralised exchanges has secured a $200 million capital growth commitment.
Unizen, which runs on the BNB Chain, aims to attract both retail and institutional investors via the mix. An example of a CEX is Binance, while Uniswap is a DEX.
Global Emerging Markets, a $3.4 billion private equity giant with offices in New York, Paris and Nassau Bahamas, will provide the funding over time as the company hits certain milestones.
Unizen is also actively fostering innovation via ZenX Labs, a CeDeFi Incubator that supports decentralised projects, empowering their growth with technical expertise and growth management as well as ensuring its full compliance.
It says Unizen (ZCX) token holders will benefit from the growth of incubated projects via the Dynamic Multi Asset Staking (DMAS) which allows the community to share rewards reflecting the long-term success of the projects in incubation.
The ZCX token is available on major exchanges including Kucoin, Gate, MEX, BitMart and Uniswap.
“We are proud to welcome GEM to the Unizen Ecosystem as a potent and strategically aligned growth partner that can support the rapid expansion of the Unizen platform, brand and community,” said Sean Noga, CEO of Unizen.