Bitcoin DeFi service platform OrangeDX announced the completion of a $1.5 million financing round, with participation from GBV Capital, Odiyana Ventures, Triple Gem Capital, Nxgen, X21, Spicy Capital, Alphabit Fund, FundLand Capital, and others. OrangeDX stated that they are preparing for a major release at the end of March and will conduct an IDO on platforms such as BRC20.com, Poolz, fineptor, and TrustPad between March 18 and March 23. It is reported that OrangeDX aims to become a center for Bitcoin DeFi, providing services such as trading, swapping, and lending, with a focus on BRC20 and bridging EVM tokens.