Cross-chain Liquidity Protocol Primex Finance Closed $5.7 Million Seed Funding Round

TokenInsight news, Primex Finance, a cross-chain liquidity protocol, closed a $5.7 million seed funding round. The round was led by Stratos Technologies and CoinFund, with participation from Hypersphere, Mask Network, ZBS Capital, and Parachain Ventures. The funds raised will be used to advance its product development. Primex is the cross-chain prime brokerage liquidity protocol for cross-DEX margin trading with trader scoring mechanisms. The protocol aims to enable DeFi participants to trade on margin while allowing them to earn interest.