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Home Finance XION Finance Secures a $50 Million Funding Dedication from GEM Digital Restricted

XION Finance Secures a $50 Million Funding Dedication from GEM Digital Restricted

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XION Finance Secures a $50 Million Funding Dedication from GEM Digital Restricted

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Xion Finance is a DEX aggregator, staking and multi-chain launchpad protocol. 
Leveraging business main multi-chain bridging options for zero slippage swaps, high-yielding staking alternatives and seamless funding allocations into top-tier metaverse and gaming IDOs.

TORTOLA, British Virgin Islands, Aug. 2, 2022 /PRNewswire/ — Xion Finance, (XGT) a DeFi protocol, is honored to have secured an funding dedication of $50 Million from GEM Digital Restricted (‘GEM ‘). This funding dedication will notably speed up the product growth roadmap and general adoption of the Xion Finance software.

The funding dedication is led by Bahamas-based GEM Digital Limited, a digital asset funding agency that sources, buildings and invests in utility tokens listed on over 30 CEXs and DEXs globally.

Xion Finance removes the handbook means of investing into preliminary DEX choices (IDOs) by easy subscription plans. Using certainly one of 4 month-to-month IDO plans, buyers’ allocations are mechanically break up into the highest tier metaverse and gaming IDOs on a month-to-month foundation.

With GEM’s latest financing dedication, Xion Finance will now develop their DeFi infrastructure throughout a number of blockchain networks to help their extremely anticipated V2 platform.

Included within the new V2 platform launch is a 1:1 swap resolution that can allow customers to carry out zero slippage transfers, eliminating the hidden prices related to AMMs making it simpler to bridge property between chains backed by their native XGT token.

XGT is primarily used as a staking, funds, loyalty and rewards token inside each Xion Finance and the Xion World Web3 funds gateway, bringing elementary utility to DeFi and Web3 funds.

“We’re excited to proceed to bridge the hole between Web2 and Web3 environments, offering on a regular basis customers with the power to earn excessive yields, swap property between a number of chains and the chance to take a position into tier one tasks. This strategic funding from GEM will develop our initiatives globally, enabling our development for the longer term imaginative and prescient of DeFi and Web3 funds,” Ronan Quarmby, Founding father of Xion Finance and CEO of Xion World.

Xion World Token (XGT) is accessible on CEX trade Lbank with extra exchanges quickly.

For Extra Data Go to http://xion.finance | http://xion.world

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About Xion Finance

Xion Finance is a DEX aggregator, staking and multi-chain launchpad protocol. Leveraging business main multi-chain bridging options for zero slippage swaps, excessive yielding staking alternatives and seamless funding allocations into high tier metaverse and gaming IDOs.

About Xion World

Xion World is a multi-chain Web3 crypto funds gateway. Makin’ it straightforward to just accept and ship crypto funds, reward clients with money again and construct loyalty. The primary of its form, Xion’s cost and rewards resolution affords infinite cost alternatives for a variety of on-line companies.

About GEM Digital Restricted

GEM Digital Restricted is a digital asset funding agency. Primarily based in The Bahamas, the agency actively sources, buildings and invests in utility tokens listed on over 30 CEXs and DEXs globally.

World Rising Markets (“GEM”) is a $3.four billion, various funding group with workplaces in Paris, New York, and Bahamas. GEM manages a various set of funding automobiles centered on rising markets and has accomplished over 530 transactions in 72 international locations. Every funding car has a special diploma of operational management, risk-adjusted return, and liquidity profile. The household of funds and funding automobiles present GEM and its companions with publicity to: Small-Mid Cap Administration Buyouts, Non-public Investments in Public Equities and choose enterprise investments.

Media Contact: Evie Phillips, 917-336-5381, [email protected]

SOURCE Xion Finance



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