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New York, NY-(Newsfile Corp.-July 6, 2022)-According to Sphynx CEO Zaidoun Lonzo Al-Owbydi, “This funding commitment from GEM accelerates the timeline for important new products. You can get the firepower you need to do so to provide both the experienced minority and the inexperienced masses with simpler and more accessible tools for developing and expanding your portfolio. Products and technologies. “
Sphynx Labs-GEM Digital Limited
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GEM Digital Limited is a digital asset investment company. Based in the Bahamas, the company actively procures, builds and invests in more than 30 CEX and DEX listed utility tokens worldwide.
With the recent release of native mobile apps and the upcoming Web3 Wallet Extension, Sphynx Labs is committed to providing an all-in-one DeFi experience that allows users to trade, manage and generate revenue from the same portfolio across multiple chains. I am aiming for it. Native platform. The platform also integrates a simple yet innovative token launch pad.
According to Sphynx Labs, the platform’s long-term goals include lowering the barriers to entry for investors who want to add digital assets to their portfolio. “Crypto and DeFi are complex, highly segmented and intimidating for newcomers to space. Adopted by providing users with a configurable ecosystem of native and integrated DeFi products. We want to shorten the curve. A native and intuitive platform, “says SphynxCOO Brandon Dey.
Sphynx infrastructure supports swaps, liquidity incentives, initial DEX offerings (IDOs), and NFT staking to numerous blockchains such as Ethereum, Polygon, Kronos, BNB Chain (formerly Binance Smart Chain), Bitgart and more. To do. The platform is supported by native SPHYNX tokens across all chains.
Sphynx platform patrons have raised over $ 10 million in IDO, boosting transaction volumes to millions of dollars. Sphynx Labs will announce the Bonds Marketplace and Crosschain Bridge in the near future, in addition to integration with additional Layer 1 and Layer 2 blockchains.
About GEM
GEM Digital Limited is a digital asset investment company. Based in the Bahamas, the company actively procures, builds and invests in more than 30 CEX and DEX listed utility tokens worldwide.
Global Emerging Markets (“GEM”) is a $ 3.4 billion alternative investment group based in Paris, New York and the Bahamas. GEM manages a variety of emerging market-focused investment instruments and has completed more than 520 transactions in 70 countries. Each investment vehicle has varying degrees of operational management, risk-adjusted returns, and liquidity profiles. The family of funds and investment vehicles provides GEM and its partners with small and medium-sized management buyouts, private investment in public equity (PIPE), and exposure to some venture investments. For more information, please visit http://www.gemny.com.
Media contacts:
Name: Zaidoun Lonzo Al-Owbydi
Email: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/130104.
