Blockchain Registration Transaction Record

Hybrid Crypto Exchange X10 Launches Out-of-Stealth with $6.5M in Funding

X10, a hybrid crypto exchange, launches out-of-stealth with $6.5M in funding. The company aims to provide the centralized exchange experience DeFi lacks, with notable investors such as Tioga Capital, Semantic Ventures, Cherry Ventures, Starkware, and Cyber fund. X10 offers users the speed and features of a centralized exchange, but with full self-custody and settlement of trades on-chain, improving liquidity and user experience.

The launch of X10, a hybrid crypto exchange, represents a significant development in the DeFi space. By providing the speed and features of a centralized exchange, but with full self-custody and on-chain trade settlement, X10 aims to reinforce trust and efficiency in crypto trading. This development has the potential to enhance liquidity and user experience, while addressing the security and transparency issues associated with traditional centralized exchanges.