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Gate Labs announced investment in Decentralized Finance super app LogX
Odaily Planet Daily News According to official sources, gate's venture capital department Gate Labs announced its investment in the Decentralized Finance super app LogX. LogX is the ultimate Decentralized Finance super app, offering perpetual markets, leveraged prediction markets, and other trading products. It is understood that LogX raised a total of 4 million US dollars in the latest round of financing, with a total amount of 10.1 million US dollars. It is reported that the investment will be used to expand the LogX product line and launch leveraged prediction markets on more than 50 on-chain Blocks. In addition, LogX plans to launch a prediction market trading on the TON Blockon-chain by the end of 2024, serving over 100 million potential users.