WingRiders

Main article: Cryptocurrency exchanges

History

2022: Completion of the round of primary and private funding

Wingriders, a decentralized exchange deployed on the Cardano test network ('DEX'), announced the completion of a round of initial and private financing with a number of well-known crypto investors, including global brands: Matrixport, Animoca, Spark Digital Capital, Double Peak and Bitrue.

WingRiders left the stealth mode in December 2021 with a working prototype deployed in the Cardano test network. The company will move to Cardano's core network in the next few weeks and, once this is done, will publish detailed information about the release of its tokens ('TGE'). WingRiders plans to implement all steps during the first half of 2022.

It is very nice to see the support that our project received in such a short time. In connection with the quick decision of our investors, we are confident that the community will also see the future potential of our platform not only for Cardano, but also for the cryptocurrency industry as a whole. Our partners are the largest players. The faith of our sponsors is the foundation for our ambitions, said project representative Kaaran Kalantari.

Wingriders creates a reliable and high-performance decentralized exchange (DEX), which is designed to fill gaps in the Cardano ecosystem. We are pleased to work with a team that has a deep IT backstop and is firmly committed to the goals of the community. We expect many innovations that will make a significant contribution to the development of the Cardano blockchain, said Dan Yang, co-founder and CEO of Matrixport.

As crypto space develops, it is important to support projects that have a bold vision of the future market and increase the value of a metaverse-compatible infrastructure. WingRiders develops a platform for safe and reliable token exchange, and thereby supports the growth of the Cardano ecosystem, added Yat Siu, co-founder and executive chairman of Animoca Brands.