Pan-african peer-to-peer cryptocurrency trading network Scalex completed a strategic round of funding and was funded by Adaverse
Scalex, a pan-African peer-to-peer cryptocurrency trading network, raised an undisclosed amount of funding from Cardano ecosystem accelerator Adaverse, techcabal reported. The funding round is understood to be part of the company's pre-seed round, which also includes EMURGO Africa and Hacked Capital. Scalex helps African users easily and seamlessly connect to the crypto ecosystem by combining the best of TradFi and DeFi infrastructure to provide a secure, assured and automated encryption platform.