Momentum Raises Strategic Round Led By OKX Ventures, Coinbase Ventures, Protagonist and DNA Fund - Decrypt
Summary
Momentum raised a strategic round led by OKX Ventures and joined by Coinbase Ventures, Gate Ventures, MEXC Ventures, KuCoin Ventures, Protagonist, and DNA Fund. The DEX says it will use the new capital to expand its Sui DeFi ecosystem after surpassing $3 billion in swap volume and 420,000 users. The company highlights its ve(3,3) model, liquidity incentives, and security practices as key differentiators. Momentum also positions itself as a Move-native trading and treasury platform for retail and institutional users.
Funding
Amount
None
Total raised
Date
June 5, 2025
Announcement date
Investors
-
Lead investors
Company
mmt.finance
Funded company
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