What is the financing background of Beldex?



In fact, it has been quietly evolving over the past two years, unlike those projects that only rely on narrative to hype up their popularity. It has genuinely secured funding and is actively doing work. As of now, Beldex has completed two rounds of Series B private placements, raising a total of 28 million USD!

In February 2023, DWF Labs exclusively led a $25 million investment. This round of funding not only provided financial support but also brought market-making resources. DWF directly assisted BDX with liquidity management, ensuring its stability in the secondary market. The fact that DWF is backing such a scale indicates that they are looking at structural growth, not just short-term speculation.

In October 2023, Block Alpha led an investment of 3 million USD, focusing on technological innovation.

EVM integration, sidechain development, and the research and development of optional privacy features. They also completed the world's first EVM proof of concept based on the CryptoNote underlying chain, effectively bringing privacy coins into the era of smart contracts!

In addition, there are participants such as Enflux, Alpha Token Capital, and Bitgert Ventures. The amounts have not been disclosed, but the direction is clear: Beldex is transforming from a single privacy coin into a complete privacy + AI financial ecosystem.

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Summary

Beldex is no longer just an old privacy coin; it has started to reshape its narrative with capital and technology. And such projects that build quietly are often the most valuable for long-term investors!

#KaitoYap @KaitoAI Yap @beldexcoin $BDX
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