XLD Finance

XLD Finance, founded in 2018, is a blockchain platform focusing on decentralized finance and real-world applications with xUSD, an asset-backed stablecoin. The company's slogan, "X is a blockchain powering DeFi and real-world apps with xUSD, an asset-backed stablecoin," reflects its core value proposition. XLD aims to create a borderless decentralized ecosystem that offers financial services across emerging economies. The company's goal is to modernize the delivery and infrastructure of financial services by providing simple and dependable financial tools built on decentralized technology. In its latest funding round on 19 July 2022, XLD Finance secured a $13.00M Seed Round investment. The notable investors in this round include Shima Capital, Transcend Fund, IDG Capital, Mechanism Capital, Dragonfly, Sparq, Emfarsis, FireX Capital, Archblock, and University of California Berkeley. With this investment, XLD Finance is poised to further its mission of revolutionizing financial services in emerging markets, leveraging the power of blockchain technology and decentralized finance. As a startup in the IT industry, XLD Finance has positioned itself as an innovative player in the rapidly evolving landscape of decentralized finance, garnering significant support from reputable investors. This latest investment signals a promising trajectory for the company as it continues to shape the future of financial services in emerging economies.