Monitok has just closed its pre-seed funding round, securing a whopping €420,000 ($450,000) from an esteemed Asian investment firm. This investment brings Monitok’s valuation to €10.5 million and marks a significant milestone in our journey. Let’s dive into what this means for Monitok and what’s next on our roadmap!

A Warm Welcome to the Asian Market

A leading investment firm based in Singapore chose Monitok to trust in bringing hybrid crypto exchange to the masses. This strategic investment from the Asian market not only boosts our financial resources but also brings invaluable insights and expertise that will propel Monitok to new heights. We are thrilled to have such a significant partner on board as we continue to revolutionize the digital asset exchange landscape.

Supercharging Monitok’s Future

With the funds from this pre-seed round, we are poised to accelerate the development of Monitok’s next gen hybrid exchange app. Previously, we raised €900,000 ($950,000) through a Friends and Family (FnF) round, which enabled us to build our product and test the app. Now, with an additional €420,000 ($450,000) in our hands, we can focus on pivoting our market entry strategy and scaling our product.

Monitok is designed to offer the best of both centralized and decentralized exchanges. This means providing you with a secure, efficient, and user-friendly environment for trading digital assets. Key features like self-custody, 90+ DEXes aggregation, global banking, and minimal user interface are at the core of our platform, setting new standards in the industry.

What’s Next for Monitok?

We are just getting started! With this new investment, we are gearing up for our next big step: the seed round. This round will focus on scaling our product and expanding our user base. Our goal is to ensure that Monitok can handle increased activity and continue to innovate, bringing the best trading experience possible.

Here are a few things you can look forward to:

• Product Developments: We will continue to improve the platform’s functionality, ensuring it meets the highest standards of security and usability.
• Expanded Functionalities: Expect us to build one-stop-crypto experience for traders and novice users by expanding number of supporting networks, bridging, Ai features and etc.
• User Growth: We are preparing to welcome more users to our community, and with your support, we can grow stronger together.
• Community Engagement: Stay tuned for more activities, updates, and opportunities to engage with the Monitok team and fellow traders.

Join Us on This Journey

We want to thank each and every one of you for being a part of the Monitok community. Your support and trust have been profound in getting us to where we are today. We are excited about the future and can’t wait to share more updates with you as we progress.

Stay connected with us on our social media channels and keep an eye on our website for the latest news and developments. Together, we are building something truly special, and we are grateful to have you along for the ride.