Momentum Raises Strategic Round Led By OKX Ventures, Coinbase Ventures, Protagonist and DNA Fund - Chainwire
Summary
Momentum raised a new strategic funding round led by OKX Ventures, with participation from Coinbase Ventures, Gate Ventures, MEXC Ventures, KuCoin Ventures, and others. The company says it will use the capital to expand its Move-native DEX and grow the Sui DeFi ecosystem. Momentum also highlighted strong early traction, including more than $3 billion in swap volume, $69 million in TVL, and over 420,000 users. The round values the company at $100 million and follows an earlier $10 million raise in March 2025.
Funding
Amount
None
Total raised
Date
June 5, 2025
Announcement date
Investors
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Lead investors
Company
mmt.finance
Funded company
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