The Bondex team, dubbed the LinkedIn of the Web3 space, announced that it has successfully raised over $10 million in total funding with its latest investment round. The company revealed that more than $4 million of this capital came from funds managed by Animoca Brands, Morningstar, Dext Force Ventures, iAngels, and more.
Bondex Team Raises $10 Million
In addition to this, the team disclosed that $6.5 million came from a community sale on CoinList in March 2024. Bondex aims to be a gamified version of the professional social network LinkedIn, providing a digital space where job candidates, recruiters, and companies connect.
The company also mentioned that the Bondex platform is supported by the BDXN token. In a statement, the company team said:
“The application provides referral rewards to users on the platform, allowing them to act as extended recruitment arms for hiring companies. Referrers on the Bondex platform can receive referral rewards of up to $10,000 in USD or token-backed rewards for successful hires by recruiters.”
Notable Statements from Bondex CEO
Bondex CEO and founder Ignacio Palomera stated that the majority of the capital raised will be used to develop the platform with the aim of taking over former professional networking sites. Bondex mentioned that it has been included as a recruitment partner for Binance, Blockchain.com, Chainlink, CoinMarketCap, and Ankr. Animoca Brands co-founder and Executive Chairman Yat Siu said in a statement:
“Bondex is changing the game for future recruitment through Web3.”
Investments in the Web3 space continue to rise, especially with developments in tokenized real-world assets (RWA) and the uptrend in the crypto market. The resurgence of this field, which has been declining since the bull season in 2021, has brought many investment news to the forefront.