UXLINK operates a Web3 social platform and infrastructure built around "acquaintance social relationships" and group-based interactions to help users discover, distribute, and trade crypto assets. The company reports more than 5.5 million registered users, over 1 million daily users, and more than 100,000 groups; the article also cites 1M on-chain/off-chain daily active users and 200K on-chain daily active users. UXLINK says its DApp and agreement revenues are steadily increasing and that cash flow is good. The new financing is intended primarily for development of ecological and post-TGE products to better support issuance, distribution, and trading of socialized assets. The company describes itself as the largest Web3 social platform and infrastructure for users and developers to engage in socialized, group-based crypto asset activities. UXLINK highlights rapid user activity growth driven by private-domain socialization, acquaintance pulling, and Telegram group chat propagation. UXLINK operates a two-layer social ecosystem: an application layer featuring a Social DEX module and a UX Growth (Link to Earn) module, and an infrastructure layer built on integrated data and RWS social protocols. The company says it plans to launch a Social Liquidity Chain using OP Stack L2 and EigenDA technologies to better support developers and third‑party dapps. Since its product launch in April 2023, UXLINK reports gaining more than 3.5 million verified users in 10 months, with over 75,000 decentralized groups and coverage of more than 6 million users. Its user base is concentrated in Southeast Asia, the Middle East, Europe, South Asia, and Africa. UXLINK has closed a new funding round, bringing total investment to over $9 million, and its backers include crypto exchanges, venture investors and publicly listed strategic investors. According to the company/community, UXLINK may pursue another round of funding prior to its TGE.

Total raised

$14M

Funding rounds

2

Latest round

Equity

Latest activity

May 2024