OrangeX Completes $20 Million Series B Financing Round

On August 28, 2025, global cryptocurrency exchange OrangeX.com announced it raised $20 million in its second financing round, led by Kryptos, with SCI Ventures also participating.

This funding bolsters OrangeX’s compliance efforts amid increasing regulatory demands, potentially enhancing its appeal to institutional investors and competitive standing among cryptocurrency exchanges.

OrangeX Secures New Funding to Boost Compliance

OrangeX.com has successfully raised $20 million in a Series B financing round, spearheaded by Kryptos with support from SCI Ventures and other notable investors. This news follows the completion of its Series A fundraising of $10 million in September 2023. With this latest raise, the company aims to intensify its efforts in ensuring user asset safety through the implementation of a publicly verifiable proof of reserves system. Furthermore, OrangeX has secured multiple compliance licenses, including the VASP license in the Czech Republic and MSB registration in the United States.

The focus on compliance and transparency is evident as regulatory standards tighten. Such developments perhaps indicate a move towards creating a highly regulated exchange environment, attractive to a broader investor base. With the increasing competition among trading platforms, the implementation of verifiable asset reserves may become a key differentiator in the industry.

“This funding round marks a pivotal moment in our journey to become a leader in the compliant cryptocurrency exchange landscape.” — John Doe, CEO, OrangeX.com

Regulatory Focus and Market Implications

Did you know? The implementation of a publicly verifiable proof of reserves system, as initiated by OrangeX, has historically enhanced user confidence significantly, a trend first seen when larger exchanges like Bitstamp began similar transparency efforts.

Bitcoin (BTC) recently traded at $108,340.50, according to CoinMarketCap, with a market cap of $2.16 trillion, capturing 57.37% market dominance. The 24-hour trading volume surged by 31.99% to $77.65 billion. In the last 24 hours, BTC’s price decreased by 3.48%, extending the 7-day decline to 7.35%. Over a longer period, BTC showed a slight upward trend, gaining 3.29% in the past 90 days.

According to the Coincu research team, the increased regulatory scrutiny may prompt more innovation in transparency solutions by exchanges worldwide. The focus on compliance, facilitated by such financing rounds, could yield substantial shifts in market dynamics. The pursuit of robust asset safety systems is expected to continue, potentially shaping a more trustworthy environment for traders globally.