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Today, Freedx, a recently established cryptocurrency exchange, revealed that its $50 million round was complete.
Freedx has taken the first steps to broaden its compliance efforts internationally by obtaining regulatory licenses in Panama and a Bitcoin license in El Salvador.
The funding round shows confidence in Freedx’s strategy of providing a platform that prioritizes advanced trading capabilities, clarity, and simplicity.
Freedx wants to close a significant market gap by fusing cutting-edge technologies—like optimal order routing, real-time analytics, and frictionless execution—with an elegant, user-friendly interface. The company places a strong emphasis on intuitive design and strong security measures.
 
Established by a group of seasoned professionals from leading financial and cryptocurrency organizations, including Binance, Deutsche Bank, Upbit, eToro, and others, Freedx assembles a formidable leadership team with decades of expertise in risk management, technology, and trading.
Since its founding, the Freedx team has expanded to around 100 members committed to creating a safe, effective, and transparent trading environment.
“At Freedx, we believe that trading should be as seamless and transparent as possible,” said Jonathan Farnell, CEO, Freedx.
“This fundraise validates our vision to build a platform that prioritizes traders’ needs above all else. We’re thrilled about the opportunity to continue developing innovations that empower our community and drive the industry forward.”
Freedx will be able to improve its customer service, broaden its global reach, and expedite platform improvements thanks to the USD 50 million financing.
New asset listings, regular platform updates, and a range of expert-level trading tools to improve decision-making are all available to early adopters who register here.
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 safeguard user assets and data.
- Rapid Performance: High-speed order matching engine and optimized infrastructure deliver rapid trade execution with minimal latency.
At the end of Q1 2025, Freedx is getting ready for its Beta Launch, which will give users a chance to test out its platform and features, such as cutting-edge trading tools and special giveaways. By taking part in the Beta, users will have the rare chance to impact Freedx’s continued development and help shape the future of a platform created by traders for traders. Freedx will continue to build relationships with institutions, blockchain innovators, and reputable regulators as part of its growth strategy.
Source: https://zycrypto.com/newly-launched-crypto-exchange-freedx-announces-the-completion-of-its-50m-funding-round/