Veax is a decentralized exchange (DEX) that offers single-sided liquidity management and integrates traditional finance features with decentralized infrastructure. Built natively on the NEAR blockchain, the platform aims to enable centralized exchange and TradFi users to transition into DeFi by offering familiar TradFi-empowered functionality alongside on-chain liquidity flexibility. The company is led by CEO Mathias Lundoe Nielsen and CPO James Davies. Veax raised $1.2M in pre-seed funding to launch its platform and expand operations and business reach. According to its roadmap, the project plans a v1 Testnet launch in early December, a Mainnet launch by the end of the year, and a public token sale scheduled for Q1 2023. The raise and roadmap position Veax to move from research and testing into public deployment later in the stated timeline.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Nov 2022