On October 28, it was reported that Ruby.Exchange, an NFT-based AMM exchange on SKALE, completed a $2.8 million financing.
NGC, Flow Ventures, Wintermute, SKALE Eco Fund, Morningstar Ventures, Yield Ventures, HashKey, CitizenX, ZBS Capital and some angel investors participated in the investment.
The funds raised will be used to enable Ruby to develop, market, maintain and ultimately realize the first NFT-based AMM exchange that is completely decentralized.
At the same time, it will also release more detailed information about Ruby.Exchange, its token economics, public sales, the advantages of using SKALE, and liquidity provider rewards at the press conference in the next few weeks.