At the least two enterprise capital companies — Nascent and DRW — have distanced themselves from OPNX.
Earlier at present, OPNX revealed that its main buyers included AppWorks, Susquehanna (SIG), DRW, MIAX Group, China Service provider Financial institution Worldwide, Token Bay Capital, Nascent, and Tuwaiq Restricted.
Based on the trade, its buyers “contributed not simply capital, but in addition unimaginable suggestions all through the method of refining our imaginative and prescient, product choices, tokenomics, authorized framework and resolution to relocate to Hong Kong.”
Nonetheless, DRW has distanced itself from the trade. A Coindesk report stated a spokesperson for the corporate disclosed that it didn’t spend money on OPNX.
DRW is a enterprise capital agency that has invested in crypto initiatives like BitFury, BitGo, TRM Labs, Cboe Digital, and many others.
Nascent additionally clarified that it didn’t take part in a funding spherical for OPNX. The agency added:
“Nascent didn’t take part in an OPNX fundraising spherical, we invested in FLEX tokens in early 2021.”
Nascent has invested in companies like Alchemix, Aztec, Alliance DAO, and many others.
In the meantime, CryptoSlate has not but obtained a response from OPNX’s different alleged buyers.
After a slow start to life, buying and selling has steadily picked up on OPNX’s platform. Based on CoinGecko knowledge, the most recent 24-hour spot quantity on the trade is $79,742 — Bitcoin and Ethereum trades account for 91% of this quantity.
The publish Venture capital firms distance themselves from OPNX funding appeared first on CryptoSlate.
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