Odaily Planet Daily News Web3 super application ParaX announced that it has received strategic financing from Metalfa, a Hong Kong digital asset wealth management company. The specific amount has not yet been disclosed. Since its launch at the beginning of the month, ParaX TVL has exceeded US$45 million and has more than 1,700 users. (Benzinga)
According to previous news at the end of August, ParaSpace and Parallel Finance will merge and undergo brand upgrades. After the upgrade, ParaX will be positioned as a Web3 super application and is committed to becoming a multi-chain traffic portal. After the brand upgrade, ParaSpace and Parallel will continue to develop as two representative applications on the ParaX platform.