The stablecoin issuance protocol usdx.money has completed a financing of 45 million US dollars

On November 29, the stablecoin issuance protocol usdx.money completed a financing of 45 million US dollars. After this round of financing, the project's valuation has reached 275 million US dollars. NGC, BAI Capital, Generative Ventures, UOB Venture Management and others participated in the investment, some of which were made through warrants. Existing supporters of this project include Dragonfly Capital and Jeneration Capital. usdx.money aims to build next-generation stablecoin infrastructure with USDX as its first stablecoin product. After completing the financing, usdx.money will further accelerate its ecosystem layout and promote the application of stablecoins USDX and sUSDX in multiple fields.