Unizen 'CeDeFi' smart exchange secures $200M investment from GEM

Cointelegraph

Published Jun 27, 2022 10:42PM ET

Updated Jun 28, 2022 12:20AM ET

Cryptocurrency exchange Unizen has scored a $200 million investment from private equity group Global Emerging Markets (GEM) which it will use to expand its business and its ecosystem.

Rather than receiving the $200 million in funding all at once, Unizen noted on June 27 that the investment will come in the form of a “capital commitment’, with part of the funding released upfront and the rest will be provided later based on achieved milestones.

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