Decentralized finance platform Alex said Monday that it raised $5.8 million in funding. Here’s an inside look at how the female-founded company got started.
Founders: Chiente Hsu and Rachel Yu
Money Raised: $5.8 million
Investors: White Star Capital, Cultur3, GBIC and OK Blockchain Capital
Chiente Hsu and Rachel Yu knew each other for more than a decade before co-founding Alex in May. The two women capitalized on their previous experience working for Credit Suisse, Goldman Sachs, JP Morgan and Morgan Stanley to build the Singapore-based decentralized finance platform.
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