Cryptocurrency Trading platform provider, Aurox raises $5 Million in Equity funding


Aurox, a Texas based all-in-one cryptocurrency trading platform provider, has now secured $5 million in equity funding.

Aurox was founded by Giorgi Khazaradze, Ziga Naglic, and Taraz Andreyevich in the year 2017. It is a free, all-in-one cryptocurrency terminal that integrates data strategies connected to help crypto traders make their investment decisions.

Today a community of more than 50000 traders uses Aurox to access terminal features, advanced market trend indicators, and 60+ crypto exchanges.

Executive Opinion

Aurox, Chief Executive Officer and Co-Founder Giorgi Khazaradze, said, "This initial round of financing allows us to aggressively execute on our business plan by scaling our development team and to accelerate our efforts to explore becoming a publicly listed company. Additionally, we see our URUS token as a game changer for the $100 billion DeFi market that combines DeFi with our proprietary Terminal and utilizes DeFi lending to execute trades on high-liquid markets providing our customers with limitless opportunities to access this dynamic financial marketplace."

Brett Rosen from RB Capital Partner, said, "We are extremely excited to be part of the first investment round into Aurox. What they have accomplished by self-funding the entire company is nothing short of extraordinary. The dedicated following they have already amassed is very impressive and will lend itself well to their organic growth strategy. Helping them bring DeFi to the public markets will completely change the crypto industry."

Aurox's Latest Funding

The names of the fund backers were not disclosed.

The crypto startup, as of now, has plans to use the new funds to accelerate its pursuit of a public market listing. New funds will be also used to execute the crypto firm's business plan to become a major player in the multi-trillion-dollar crypto-currency space, notes the announcement.
PC: Pixabay

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Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

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