PANews|Jun 10, 2026 15:27
[MNX Built on MegaETH Completes $6.4 Million Pre-Seed Funding, Led by Village Global]
According to The Block, the decentralized futures exchange MNX has completed a $6.4 million pre-seed funding round at a valuation of $40 million, led by Village Global, with participation from Cambrian, North Island Ventures, and others. MNX is built on the Ethereum Layer 2 network MegaETH and plans to launch its mainnet this summer. It will offer valuation futures, perpetual equity contracts, perpetual computing power contracts, and prediction markets centered around the AI economy, covering assets such as AI lab valuations, computing power and electricity prices, copper prices, and related public and private equity.
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