**DUBAI, UAE, January 29th, 2025/Chainwire/--**Freedx, a newly launched cryptocurrency exchange, today announced the completion of its $50 million funding round. Freedx has secured regulatory permissions in Panama and a BTC license in El Salvador, representing initial steps toward expanding its compliance efforts globally.

The investment reflects investor confidence in Freedx’s approach to offering a platform designed with a focus on clarity, simplicity, and advanced trading tools. With an emphasis on intuitive design and robust security features, Freedx aims to fill a vital gap in the market by combining advanced capabilities—such as optimized order routing, real-time analytics, and frictionless execution—with a sleek, user-friendly interface.

Founded by a team of industry veterans drawn from top financial and crypto institutions such as Binance, Deutsche Bank, Upbit, eToro, and more, Freedx brings together a powerhouse leadership unit with decades of experience spanning trading, technology, and risk management.

Since its inception, the Freedx team has grown to nearly 100 members dedicated to building a transparent, efficient, and secure trading environment.

“At Freedx, we believe that trading should be as seamless and transparent as possible,” said Jonathan Farnell, CEO, Freedx.  “This fundraise validates our vision to build a platform that prioritizes traders’ needs above all else. We’re thrilled about the opportunity to continue developing innovations that empower our community and drive the industry forward.”

The USD 50 million fundraise will enable Freedx to accelerate platform enhancements, expand global reach, and strengthen its customer support capabilities. Early adopters can sign up here and expect ongoing platform updates, new asset listings, and a suite of professional-grade trading tools designed to enhance the decision-making process.

Key Freedx Features:

• Trader-First Design: Built by active market participants, Freedx’s interface integrates advanced tools without sacrificing simplicity.
• Industry-Leading Security: Proprietary security protocols and multi-factor authentication ensure user assets and data remain safeguarded.
• Rapid Performance: High-speed order matching engine and optimized infrastructure deliver rapid trade execution with minimal latency.

Freedx is preparing for its Beta Launch at the end of Q1 2025, during which users will have an opportunity to explore its platform and features, including advanced trading tools, and exclusive giveaways. By participating in the Beta, users will have the unique opportunity to influence Freedx’s ongoing development and shape the future of a platform built by traders, for traders.

Freedx aims to foster trust and transparency by adhering to compliance standards.

As part of its growth strategy, the company will continue forging partnerships with institutional investors, blockchain innovators, and recognized regulators.

About Freedx

Freedx is a next-generation cryptocurrency exchange designed by traders, for traders. Guided by a user-centric philosophy, Freedx combines professional-grade trading technology with a sleek, intuitive interface, empowering a broad spectrum of users to trade confidently in the rapidly evolving digital asset landscape. To learn more about Freedx, users can visit www.freedx.com, or follow Freedx on social media or their blog.

Media Contact

For media inquiries or to reach the team, users may contact [email protected].

Contact

Head of Marketing

Rahil Bhagat

Freedx

[email protected]

This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here