UXLINK, a pioneering force in the realm of Web3 social infrastructure, has achieved a significant milestone with the announcement of a new round of funding, coming in less than three months after its previous funding round. Led by SevenX Ventures, INCE Capital, and HashKey Capital, this round of funding has garnered support from numerous investors, reaffirming UXLINK's position as a leader in the industry.

Surpassing the $5 million mark, this latest infusion of capital elevates UXLINK's total funding to over $15 million. Notably, contributions have poured in from esteemed organizations and prominent individuals spanning Europe, the United States, Asia, and the Middle East.

UXLINK stands as a Web3 social platform and infrastructure built upon the foundation of "acquaintance social relationships" and groups. Boasting more than 5.5 million registered users, over 1 million daily users, and in excess of 100,000 groups, UXLINK has emerged as a powerhouse in the realm of Web3 social interaction.

According to the head of the UXLINK community, the new funding will primarily be allocated towards the development of ecosystem and post-TGE (Token Generation Event) products, aimed at enhancing support for the issuance, distribution, and trading of socialized assets. Presently, revenues from UXLINK's DAPP and agreements are on a steady rise, with robust cash flow.

Jon, founding partner of SevenX Ventures, expressed optimism regarding UXLINK's potential to serve as a pivotal nexus connecting Web3 infrastructure and application scenarios through the asset distribution and trading capabilities facilitated by socialization.

Rui, head of investment for the program at HashKey Capital, highlighted UXLINK's rapid ascension to prominence within the blockchain social platform landscape, attributing its success to its utilization of private domain socialization, acquaintance pulling, and Telegram group chat propagation modes. The team at HashKey Capital looks forward to furnishing UXLINK's user base with a broader array of Web3-native assets and on-chain products, thereby driving mass adoption of Web3 applications.

Alex Yan, Executive Director of INCE Capital, emphasized the fundamental role of socialization in Web3's journey towards mass adoption. Leveraging acquaintance relationship chains and social communication mechanisms, UXLINK has erected a novel Social Infrastructure, paving the way for the creation of large user volumes, high-density connections, and diverse interactions within the new generation of Web3 social products.

About UXLINK

UXLINK stands as the premier Web3 social platform and infrastructure, offering users and developers a platform to discover, distribute, and trade crypto assets through unique socialized and group-based channels.
- Boasts over 5 million users, with 1 million daily on-chain/off-chain active users and 200,000 on-chain daily active users.
- Orchestrates user traffic and interactions through 100,000+ Web3-powered groups.