P2P encryption trading platform SIBEX raised $1.8 million in seed round financing, SIX participated in investment

Swiss decentralized peer-to-peer (P2P) cryptocurrency trading platform SIBEX AG has raised 1.78 million Swiss francs (about $1.8 million) in seed round financing. According to the announcement on Thursday, investors such as Chinese venture capital firm Fenbushi Capital, Swiss Stock Exchange Group SIX and blockchain investment company Accomplice VC participated in this round of financing. SIBEX said it will use its new funds to further expand its blockchain-based P2P cryptocurrency trading platform to increase institutional participation in the over-the-counter (OTC) market.