At least two venture capital firms, Nascent and DRW, have distanced themselves from OPNX.

Earlier today, OPNX revealed Its main investors include AppWorks, Susquehanna (SIG), DRW, MIAX Group, China Merchant Bank International, Token Bay Capital, Nascent and Tuwaiq Limited.

According to the exchange, its investors “provided not only capital, but incredible feedback throughout the process of refining our vision, product offerings, tokenomics, legal framework, and decision to relocate to Hong Kong.”

However, DRW has distanced itself from the exchange. A Coindesk report said that a company spokesperson revealed that he did not invest in OPNX.

DRW is a venture capital firm that has invested in crypto projects like BitFury, BitGo, TRM Labs, Cboe Digital, etc.

Nascent also clarified that he was not involved in a funding round for OPNX. the signature aggregate:

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

Nascent has invested in firms like Alchemix, Aztec, Alliance DAO, etc.

Meanwhile, CryptoSlate has yet to receive a response from the other alleged OPNX investors.

After a slow start, trading has steadily picked up on the OPNX platform. According to CoinGecko data, the latest 24-hour spot volume on the exchange is $79,742 – Bitcoin and Ethereum transactions account for 91% of this volume.

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