On-chain wine marketplace Baxus completes $5 million in funding, led by Multicoin Capital

2024-05-01 21:07:36BlockBeatsShare to:

According to BlockBeats, on May 1, Web3 wine market Baxus completed a $5 million financing led by Multicoin Capital, with participation from Solana Ventures, Narwhal Ventures, FJ Labs and a group of angel investors. BAXUS aims to solve the problem of market inefficiency by integrating the market into one application to connect buyers and sellers. Its Web3 market is built on Solana, allowing buyers to trade using credit cards, ACH, direct wire transfers or cryptocurrencies including USDC. The beta version was launched last summer and has facilitated $8 million in transactions so far.

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