Cryptocurrency News

Unizen ‘CeDeFi’ smart exchange secures $200M investment from GEM

2022.06.29 16:00

Unizen ‘CeDeFi’ smart exchange secures $200M investment from GEM
Unizen ‘CeDeFi’ smart exchange secures $200M investment from GEM

Cryptocurrency exchange Unizen has scored a $200 million investment from private equity group Global Emerging Markets (GEM), which it will use to expand its business and its ecosystem.

Rather than receiving the $200 million in funding all at once, Unizen noted on Monday that the investment will come in the form of a “capital commitment,” with part of the funding released upfront and the rest will be provided later based on achieved milestones.

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