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DeFi Trading Platform Aurox Seeking $1M Funding at $75M Valuation on tZERO

Cointime Official

Decentralized finance (DeFi) trading and lending platform Aurox is seeking to raise $1 million at a $75 million valuation on tokenized securities platform tZERO with a minimum investment of $252, according to the firm’s fundraising dashboard.

According to a document filed to the U.S. Securities and Exchange Commission., Aurox set a $6 price per share in the company and offered 169,000 shares for sale.

Aurox raised $5 million in a previous fundraising round in early 2022. It plans to go public later this year, according to the firm's description on tZERO.

The target date to close the round is March 15. 

Screenshot: https://www.tzero.com/issuance/asset/42294

According to Aurox, the firm released Aurox Terminal in 2020, which is an all-in-one trading platform that combines over 50 exchanges. The platform currently boasts 70,000 users and has facilitated $1 billion in trading volume. In addition to this, Aurox has created its own DeFi smart contract protocol and a crypto wallet product, as well as introduced a native ecosystem token called URUS.

Screenshot: https://www.tzero.com/issuance/asset/42294
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