Spartan Capital leads $10 million strategic funding round for Bitcoin DeFi developer ALEX
Powered by @unfoldedBitcoin DeFi developer ALEX has raised $10 million in a strategic funding round led by Spartan Capital.
ALEX leverages Layer 2s, bridges, oracles, and other infrastructure to create a Bitcoin-specific decentralized finance layer.
The funding will be used to grow the team, improve the platform's UI/UX, and strengthen business development strategies.
ALEX's total value locked is nearly $200 million, with total transaction volume exceeding $1.3 billion across 52,892 wallets.