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Websea Receives Strategic Investment from Grand View, Traditional Institutional Capital Deeply Engages in Web3 Trading Platform

Websea Receives Strategic Investment from Grand View, Traditional Institutional Capital Deeply Engages in Web3 Trading Platform

BlockBeats News, December 1st, according to official sources, digital asset exchange platform Websea announced that it has received a strategic investment from private equity firm Hongyi (Hongyi Culture). This transaction is considered the first in-depth investment by a trillion-dollar traditional capital in the Web3 trading platform field.

Websea, founded in 2023, has obtained relevant licenses in the United States, Canada, Australia, and other places, and has launched guarantee-type products such as principal-protected copy trading, contract insurance, and yield surging funds. According to official disclosure, Websea and Hongyi will cooperate on platform development, risk control system, product innovation, and platform token ecosystem. Both parties are expected to hold a strategic investment shareholder meeting soon.

Websea stated that this investment will help the platform further enhance its global expansion, risk management, and ecosystem development capabilities, and the platform token WBS ecosystem may subsequently receive new opportunities for development.

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