Centralized-decentralized exchange (CeDeFi) Unizen announced a $200 million capital commitment from Global Emerging Markets (GEM), to accelerate adoption, expand the business, and bolster innovation. Funding is milestone-based and performance-related, which aims to ensure that initial funding is maximized.
Announced June 27, 2022, capital commitment will help Unizen pioneer the future of centralized-decentralized finance. The funds will be used to improve current systems, drive innovation and expand the team. Also, to bring the company’s products to market and rapidly accelerate the execution of the commercial aggregation ecosystem.
“We are proud to welcome GEM to the Unizen ecosystem as a powerful and strategically aligned growth partner that can support the rapid expansion of the platform, brand and community.”
Sean Noga, CEO of Unizen.
Unizen and GEM want to combine the best of centralized and decentralized finance
GEM funding will help Unizen become the first CeDeFi exchange in combine the functionality of centralized (CEX) and decentralized (DEX) exchanges to meet the needs of retail and institutional traders. The exchange also includes an internal aggregator that searches and finds the most efficient, fastest, and cheapest trade routes across multiple CEXs and DEXs, including Binance, Uniswap, and Pancakeswap.
GEM, a $3.4 billion alternative investment group, is adding Unizen to its investment vehicles to tap into emerging markets. To date, it has completed more than 530 acquisitions and investment transactions in more than 72 countries around the world.
GEM selected Unizen with the aim of participate in building the technology that will shape the future of finance. With GEM’s capital commitment, Unizen plans to give users better deals, reliable performance, and a secure environment for high-volume transactions. And all with an excellent user experience.
Aside from offering efficient asset exchange and major trading aggregation innovations, Unizen is also launching ZenX Labs, to help grow decentralized applications (DApps). The platform is an incubator for CeDeFi applications that fuels their growth with technical and management expertise.
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Additionally, the platform will offer incentives and rewards to holders of the native $ZCX token. Token holders will benefit from the growth of projects incubated through Dynamic Multi-Asset Staking (DMAS). These projects could reward the Unizen community once they get off the ground and are successful.
The token is available on several well-known DeFi exchangesincluding Unizen, Uniswap, and other CeFis like KuCoin, Gate, MEX, and BitMart.
About Unizen
Unizen is an exchange based on the Binance blockchain that supports cross-chain trading. Launched in 2021, it provides a simple interface tailored to users when buying or selling digital assets, and all at the best rates.
Unizen provides traders with the best of both worlds: The convenience and security of centralized exchanges and the trust and low fees of decentralized ones. All in one seamless trading platform.
About Global Emerging Markets (GEM)
Global Emerging Market has offices in New York, Paris and Nassau, Bahamas. It is a $3.4 billion alternative investment group that manages various investment vehicles focused on emerging markets. Until now, GEM has completed more than 530 transactions in 72 countries of the five continents.
GEM’s investment vehicles provide clients with a diversified portfolio of assets spanning the global private investment spectrum. Each investment vehicle has a different degree of operational control, risk-adjusted return and liquidity profile. Its family of funds and investment vehicles provide GEM and its partners with exposure to small- and mid-cap managerial buyouts, private investments in public stocks, and select venture investments.
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