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Venture Capital Firms Distance Themselves From OPNX Funding

Earlier today, OPNX revealed that its major investors included AppWorks, Susquehanna (SIG), DRW, MIAX Group, China Merchant Bank International, Token Bay Capital, Nascent, and Tuwaiq Limited.

However, DRW has distanced itself from the exchange. A spokesperson for the company disclosed that it did not invest in OPNX.

Nascent also clarified that it did not participate in a funding round for OPNX. The firm added:

“Nascent did not participate in an OPNX fundraising round, we invested in FLEX tokens in early 2021.”

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