Loading organizations...
§ Private Profile · Jonschwil, Sankt Gallen, Switzerland
Decentralized exchange (DEX) with institutional-grade liquidity management and DeFi trading tools for institutional users on Concordium.
Concordex is a decentralized exchange built on the Concordium blockchain that provides institutional-grade liquidity management and decentralized finance trading tools, based in Schwarzenbach, Switzerland. The platform facilitates token swapping and concentrated liquidity pools, having processed 15,212 transactions across 3,695 liquidity positions for 867 users during its initial testnet phase. Generating revenue through a multi-tiered liquidity pool transaction fee structure, the organization raised $1.7 million in seed funding in December 2022. This initial capital was secured from a syndicate of investors that included Tacans Labs, Skynet Trading, Seier Capital, and Amdax. The exchange leverages Concordium's regulatory-ready infrastructure to target both regular retail traders and institutional liquidity providers, drawing backing from prominent industry figures like Saxo Bank founder Lars Seier Christensen. Concordex was founded in 2022 by Mathias Lundoe Nielsen, James Davies, Ivan Ivaschenko, and Marie Tatibouet.
Concordex has raised $1.7M across 1 funding round.
Concordex has raised $1.7M in total across 1 funding round.
Concordex has raised $1.7M in total across 1 funding round.
Concordex's investors include Lars Seier Christensen, Skynet Trading, Tacans Labs.
Concordex has raised $1.7M across 1 funding round. Most recently, it raised $1.7M Seed in May 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 9, 2023 | $1.7M Seed | — | Lars Seier Christensen, Skynet Trading, Tacans Labs | Announced |