LiquidFactory Closes $1.25 Million Funding Round Led by KuCoin Labs and Republic Capital

Privacy network LiquidFactory closed a $1.25 million strategic funding round led by KuCoin Labs and Republic Capital, with participation from Lapin Capital, Acheron, Ascensive Assets and IDG Capital. The funds raised will be used to support LiquidFactory's vision of unlocking liquidity for DeFi, GameFi and NFT. LiquidFactory is a privacy network that comes with native encrypted cross-chain communication, founded in January 2022. Its first product, BIDSHOP, is an auction-style NFT marketplace. According to LiquidFactory's roadmap, BIDSHOP will launch on testnet on December 22, and will available on mainnet in January next year.