KYNX completed 50BTC financing, Fairbit Venture and other institutions participated in the investment

KYNX has announced that it has received 50 BTC in financing, with participation from institutions such as Fairbit Venture, Nivana Capital, Dego, Alphacoin Fund, Vega Ventures, and Slush Fund.KYNX uses the BRC-20 standard and multi-chain inscription technology to build a one-stop encrypted asset management service. This round of funding will help KYNX develop its agent inscription execution service, providing customers with accurate, secure, and simple inscription operation solutions to simplify the user experience. The company plans to conduct an IDO at the end of December to expand its business in the Bitcoin ecosystem.