Chainge Secures a $13 Million Investment from GEM Digital & Alpha Token Capital, Fueling AI-Trading Expansion
Singapore – 27.05.2024 – Chainge, a pioneering force in the world of cross-chain trading, is excited to announce a groundbreaking $13 million investment from two leading players in the digital asset space: GEM Digital Limited and Alpha Token Capital. This significant funding, comprising $10 million from GEM Digital Limited and $3 million from Alpha Token Capital, marks a pivotal moment in Chainge’s journey to revolutionize the way users interact with digital assets across multiple blockchains.
The substantial capital infusion serves as a powerful endorsement of Chainge’s vision to redefine the standards of cross-chain trading, empowering users with unparalleled access to a wide array of digital assets. With $13 million dedicated to accelerating Chainge’s growth and development, this investment commitment is set to catalyze a new era of innovation and expansion for the platform, as well as the broader blockchain ecosystem.
Under the strategic guidance of an esteemed board, featuring luminaries such as Najam Kidwai, Mike Lempress, and Dejun Qian, Chainge is poised to disrupt the long tail exchange market. By enabling users to seamlessly access any token on any chain, Chainge aims to capture the emerging opportunities presented by the rapidly evolving digital asset landscape, setting new benchmarks for cross-chain trading.
At the core of Chainge’s mission lies a commitment to democratizing access to AI-powered cross-chain trading, ensuring that it is not only efficient and secure but also accessible to all. Since its inception, Chainge has been dedicated to breaking down barriers in the digital asset space, providing users with the tools and infrastructure necessary to navigate the complexities of blockchain technology with ease.
Chainge’s comprehensive suite of products, available on both mobile and web platforms, is underpinned by a robust DCRM bridge infrastructure. This powerful combination enables users to conduct secure cross-chain transactions across an impressive network of 55 blockchains, with the platform having already surpassed $1 billion in cumulative trading volume.
GEM Digital Limited, a digital asset investment firm based in The Bahamas, brings a wealth of expertise to the partnership. As an active player in sourcing, structuring, and investing in utility tokens listed on over 30 centralized exchanges (CEXs) and decentralized exchanges (DEXs) globally, GEM Digital Limited is part of the Global Emerging Markets Group (GEM), a $3.4 billion alternative investment group. With a diverse set of investment vehicles focused on emerging markets, GEM Digital Limited provides exposure to various sectors and investment opportunities worldwide.
Alpha Token Capital (ATC), a specialized token fund, is dedicated to bolstering promising token projects active across various markets. By committing to elevate the intrinsic value of each crypto project, ATC aims to be a reliable strategic partner in fostering project growth. ATC’s portfolio boasts investments in innovative tokens such as OPUL, Map Protocol, VELA exchange, FRONT Frontier, and Vulcan Forged, showcasing their commitment to supporting the evolution and expansion of the cryptocurrency ecosystem.
This strategic investment from GEM Digital Limited and Alpha Token Capital is set to propel Chainge to new heights, enabling the platform to accelerate its mission of revolutionizing cross-chain trading through AI-powered solutions. As Chainge continues to break down barriers and empower users across the globe, this funding marks the beginning of an exciting new chapter in the platform’s journey to shape the future of digital asset trading.
pr@chainge.finance
