Decentralized Exchange Platform ANT.FUN Announces Completion of Series B Funding

BlockBeats News, October 15th, Decentralized exchange platform ANT.FUN announced the completion of its Series B1 funding round led by mimStream Investment, with an amount in the millions of dollars.

mimStream Investment is a well-known USD VC firm focusing on Artificial Intelligence (AI) and Web3 themes. Its portfolio includes AI-driven Internet audio platform Himalaya, AI-driven knowledge payment platform Fan Shu Du Shu (formerly known as Fan Deng Reading), livestream e-commerce platform Li Jia Qi, and beauty brand Meione. After the investment, mimStream Investment will help ANT gain a wider social media presence and establish an effective system for user flow conversion. ANT's short video and livestreaming features will also be launched in the near future.

Notably, the B1 round also attracted investment from several top domestic brokerage funds and individual overseas investment platforms led by executives from leading international investment banks.