Freedx, a cryptocurrency exchange with its headquarters noted to be in Dubai UAE, yet unregulated in the country till now, claims that it has raised $50 million in a funding round. The $50 million fundraising will enable Freedx to accelerate platform enhancements, expand global reach, and strengthen its customer support capabilities. While the crypto exchange notes that it has secured regulatory permission in Panama and a BTC license in El Salvador, it is taking steps to expand its compliance efforts globally.

As per the press release, the investment reflects investor confidence in Freedx’s approach to offering a platform designed with a focus on clarity, simplicity, and advanced trading tools.

The exchange aims to fill a vital gap in the market by combining advanced capabilities—such as optimized order routing, real-time analytics, and frictionless execution—with a sleek, user-friendly interface. Since its inception, the Freedx team has grown to nearly 100 members dedicated to building a transparent, efficient, and secure trading environment.

“At Freedx, we believe that trading should be as seamless and transparent as possible. This fundraise validates our vision to build a platform that prioritizes traders’ needs above all else. We’re thrilled about the opportunity to continue developing innovations that empower our community and drive the industry forward.” said Jonathan Farnell, CEO, Freedx. 

The roster of executives include Anton Golub, as Chief Investment Officer. Anton is based in Dubai UAE, and is well known in the blockchain space and crypto space, yet on his own LinkedIn page he does not mention his affiliation to the crypto exchange.