Ordinox is a DeFi application chain that uses the Tendermint consensus engine, the Cosmos-SDK state machine, and the GG20 threshold signature scheme (TSS). The team plans to build an automated market maker (AMM) specifically tailored for BRC20 and Runes token standards. The company completed a $1 million Pre-Seed financing to support product development. Proceeds from the round are earmarked for building the AMM and related infrastructure. The articles do not disclose operating metrics such as revenue or user counts. Technical design and the planned AMM are the primary focus described in the coverage.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Jun 2024