Foresight Ventures: Did not participate in any form of financing for OX.FUN.

BlockBeats news on February 24th, Foresight Ventures released a statement on its social media platform stating that it did not participate in any form of financing for OX.FUN, nor did it endorse or support OX.FUN's current fundraising activities. It should be clarified that the discussions between Foresight Ventures and OX.FUN team members mainly revolved around token trading, not investment or endorsement of its fundraising activities. However, the transaction has been revoked and token trading will not continue. Previously, according to official news from OX.FUN, the decentralized perpetual contract trading platform initiated by ZhuSu, OX.FUN, completed a new round of financing with a financing amount of $4 million. This round of financing was led by Foresight Ventures, with participation from Double Peak Group, EmChain, Genblock Capital and other institutions. This round of financing will be used for product iteration, team building, market expansion, etc.