MYX Completes Strategic Funding Led by Consensys; V2 Version to Be Launched

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MYX announced project funding following a strategic round led by Consensys, with Consensys Mesh and Systemic Ventures also participating. The funding will support the upcoming protocol update, MYX V2. Consensys is now the largest investor in the project. The funds will be used to deploy the modular derivatives settlement engine.

PANews, February 19: According to The Block, the on-chain derivatives protocol MYX has completed a strategic funding round led by Consensys, with Consensys Mesh and Systemic Ventures also participating, laying the foundation for the launch of MYX V2. Following this funding round, Consensys has officially become MYX’s largest investor, with the funds allocated to support the deployment of MYX’s modular derivatives settlement engine.

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