Crypto Exchange Unizen Secures $200M From Investment Group GEM

Centralized-decentralized  (CeDeFi) exchange Unizen has received $200 million from alternative investment group Global Emerging Markets to accelerate development of its trade aggregation system.

Not a straight funding round, GEM’s $200 million is described as a “capital commitment,” which is milestone-based and performance-related as a means of ensuring the funding is optimized fully, Unizen announced on Monday.

[Via]

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