BIKA announced the completion of the US $10 million financial investment in Round A and announced the 2023 strategic plan
According to the official news, in a letter from BIKA to global investors, it was disclosed that BIKA had completed a round of financing of US $10 million, led by BankChamps of Singapore. This financing will add new vitality to BIKA, and be used for the optimization of spot and contract products, the construction of Dex products, and the construction of a global team; It also announced the strategic plan for 2023, which is developing in the direction of improving product business, investment and research, and Web3.0.
Interpretation of this information:
Chinese cryptocurrency exchange, BIKA has announced the completion of a round of financing worth $10 million. The round was led by BankChamps from Singapore and the funds will be used to optimize spot and contract products, the construction of Dex products, and the creation of a global team. BIKA also outlined their strategic plan for 2023, which includes improving product business, investment and research, and expanding into Web3.0.
This announcement highlights BIKA’s commitment to expanding their offerings and becoming a prominent player in the cryptocurrency market. The funding received from BankChamps will provide the necessary resources to optimize their current products and build new ones such as Dex products, which will allow for decentralized trading. BIKA’s focus on growing their team globally will allow them to reach new markets and expand their customer base.
BIKA’s strategic plan for 2023 emphasises their desire to improve their product offerings through investment and research. The company understands the rapidly changing landscape of the cryptocurrency industry and the importance of staying ahead of the curve. Their plan to expand into Web3.0, which is the next generation of the internet, shows their commitment to staying innovative and offering cutting-edge technology to their clients.
In summary, this announcement from BIKA highlights their commitment to growth and innovation in the cryptocurrency industry. Their new round of financing will provide the necessary resources to expand their offerings and build a global team. BIKA’s strategic plan for 2023 shows their desire to improve their product business, invest in research, and expand into new technologies such as Web3.0.
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