What is 0x?
0x operates as the trusted exchange infrastructure for the internet, facilitating hundreds of billions of dollars in tokenized value flow across major blockchains. The platform empowers developers and businesses to seamlessly integrate exchange functionality into their applications, fostering the creation of new markets for diverse tokenized assets, including cryptocurrencies, DeFi tokens, and NFTs. Its robust infrastructure supports scalability and broad blockchain compatibility.
How much funding has 0x raised?
0x has raised a total of $85M across 2 funding rounds:
Series A
$15M
Series B
$70M
Series A (2021): $15M with participation from Pantera Capital
Series B (2022): $70M led by Greylock Partners, Pantera Capital, and Sound Ventures
Key Investors in 0x
Pantera Capital
Pantera Capital is a blockchain-focused investment firm that backs founders and digital asset networks, combining venture and hedge strategies to provide broad exposure to cryptocurrencies and token projects.
Greylock Partners
Greylock Partners is a venture capital firm specializing in early-stage technology companies, with a focus on consumer internet, enterprise software, AI, and fintech. They have a history of backing market-defining businesses.
Sound Ventures
Sound Ventures is a venture capital firm that invests early in innovative companies, providing hands-on support to visionary founders. They focus on identifying and nurturing groundbreaking ideas and technologies.
What's next for 0x?
With a recent major strategic investment and a significant overall funding total of $85M, 0x is positioned for an aggressive scaling phase. This enterprise-level backing suggests a focus on expanding market reach, enhancing its core exchange infrastructure, and potentially exploring new blockchain integrations or partnerships. The company's trajectory indicates a move towards solidifying its position as a foundational layer for decentralized finance and tokenized asset exchange.
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