The Good Tech Companies - Freedx Secures USD 50 Million In Funding To Transform The Crypto Trading Experience

Episode Date: January 29, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/freedx-secures-usd-50-million-in-funding-to-transform-the-crypto-trading-experience. With an emphasis on intuitive design and robust security features, Freedx aims to fill a vital gap in the market by combining advanced capabilities—such as opti Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #freedx, #chainwire, #press-release, #freedx-announcement, #crypto-funding, #blockchain-development, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Freedx, a newly launched cryptocurrency exchange, today announced the completion of its $50 million funding round. The investment reflects investor confidence in Freedx’s approach to offering a platform designed with a focus on clarity, simplicity, and advanced trading tools. Freedx has secured regulatory permissions in Panama and a BTC license in El Salvador.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Freedex secures US$50 million in funding to transform the crypto trading experience by Chainwire. Dubai, UAE, January 29, 2025, Chainwire, Asterisk Freedex, a newly launched cryptocurrency exchange, today announced the completion of its $50 million funding round. FreedX has secured regulatory permissions in Panama and a BTC license in El Salvador, representing initial steps toward expanding its compliance efforts globally. The investment reflects investor confidence in FreedX's approach to offering a platform designed with a focus on clarity, simplicity, and advanced trading tools. With an emphasis on intuitive

design and robust security features, Freed's aims to fill a vital gap in the market by combining advanced capabilities, such as optimized order routing, real-time analytics, and frictionless execution, with a sleek, user-friendly interface. Founded by a team of industry veterans drawn from top financial and crypto institutions such as Binance, Deutsche Bank, Upbit, eToro, and more, FreedX brings together a powerhouse leadership unit with decades of experience spanning trading, technology, and risk management. Since its inception, the FreedX team has grown to nearly 100 members dedicated to building a transparent, efficient, and secure trading environment. Greater than. At Freedex, we believe that trading should be as seamless and transparent as greater than possible, said Jonathan Farnall, CEO, Freedex. This fundraise validates our greater

than vision to build a platform that prioritizes traders' needs above all else. Greater than we're thrilled about the opportunity to continue developing innovations that greater than empower our community and drive the industry forward. The $50 million United States fundraise will enable Freedex to accelerate platform enhancements, expand global reach, and strengthen its customer support capabilities. Early adopters can sign up here and expect ongoing platform updates, new asset listings, and a suite of professional-grade trading tools designed to enhance the decision-making process. Key FREEDX features. Trader-first design. Built by active market participants, FREEDX's interface integrates advanced tools without sacrificing simplicity.

Industry-leading security, proprietary security protocols and multi-factor authentication ensure user assets and data remain safeguarded. Rapid performance, high-speed order matching engine and optimized infrastructure deliver rapid trade execution with minimal latency. FreedX is preparing for its beta launch at the end of Q1 2025, during which users will have an opportunity to explore its platform and features, including advanced trading tools and exclusive giveaways. By participating in the beta, users will have the unique opportunity to influence FreedX's ongoing development and shape the future of a platform built by traders, for traders. FreedX aims to foster trust and transparency by adhering to compliance standards. As part of its growth strategy, the company will continue forging partnerships with institutional investors, blockchain innovators, and recognized regulators.

About FreedX FreedX is a next-generation cryptocurrency exchange designed by traders for traders. Guided by a user-centric philosophy, FreedX combines professional-grade trading technology with a sleek, intuitive interface, empowering a broad spectrum of users to trade confidently in the rapidly evolving digital asset landscape. To learn more about FreedX, users can visit www.freedx.com or follow FreedX on social media or their blog. Media contact for media inquiries or to reach the team. Users may contact PR at freedx.com.Contact Head of Marketing Raheel Bhagat FreedXPR at freedx.com. Tip This story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. Thank you for listening to this HackerNoon story,

read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.