Crypto exchange OrangeX completes $20 million Series B funding round

According to AInvest, cryptocurrency exchange OrangeX announced the completion of a $20 million Series B funding round, led by Kryptos and joined by SCI Ventures and other major investors. This follows a $10 million Series A funding round in September 2023, also led by Kryptos and joined by NGC Capital, Phase Capital, and SCI Ventures. The new funds will be used to strengthen core infrastructure and accelerate global market expansion. The OrangeX platform offers services such as derivatives trading, spot trading, one-click copy trading, and fiat currency access for cryptocurrency purchases.