According to Foresight News, Momentum, a native DEX built on Sui, has announced the completion of a new round of strategic financing, with a valuation of US$100 million. The specific amount of financing has not been disclosed. OKX Ventures led the investment, and Coinbase Ventures, Gate Ventures, MEXC Ventures, KuCoin Ventures and strategic partners Protagonist and DNA Fund participated in the investment.
Previously, Momentum had completed a round of US$10 million in financing in March 2025, led by Varys Capital.