MNX, a MegaETH-based platform, has raised $6.4 million in pre-seed funding, led by Village Global.

CoinFeed reported on June 10th that, according to The Block, decentralized futures exchange MNX has completed a $6.4 million pre-seed funding round, valuing the company at $40 million. The round was led by Village Global, with participation from Cambrian, North Island Ventures, and others. Built on the Ethereum Layer 2 network MegaETH, MNX plans to launch its mainnet this summer, offering valuation futures, equity perpetual contracts, computing power perpetual contracts, and prediction markets related to the AI ​​economy, covering assets such as AI lab valuations, computing power and electricity prices, copper prices, and related public and private equity.