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Codex has raised $15.8 million in a seed round led by Dragonfly Capital.
Wu reported that Codex has raised $15.8 million in a seed round led by Dragonfly Capital, which contributed $14 million. This financing is an equity investment and comes with the right to acquire Codex’s unreleased tokens in the future. Codex plans to use this funding to develop a stablecoin-focused Layer 2 Blockchain based on Optimism.